DAX Real Estate Acquires Multifamily Property In Williamsburg, Brooklyn For $2.25M

A multifamily property located at 135 South 1st Street in Williamsburg, Brooklyn has been sold for a price of $2,250,000. The property spans a total area of 3,110 square feet and has a price per square foot of $723. It consists of three units, with each unit being sold for approximately $750,000. The transaction took place on December 9, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,250,000
• Address: 135 South 1st Street
• Market: Williamsburg, Brooklyn
• Zoning: R6B

The buyer of the property is DAX Real Estate, represented by Daniel Hedaya and Max Seibald. The seller is the Lopez Family. The transaction was facilitated by brokers Ryan Perkoski and Henry Grass from RPR Ventures.

It is worth noting that the property was delivered vacant, and the transaction was completed within a 30-day timeframe.