Adam J. Semler Acquires Multifamily Property At 141 Broadway In Williamsburg, Brooklyn For $4.23M

Located at 141 Broadway in Williamsburg, Brooklyn, this recently closed multifamily property transaction offers an opportunity for lucrative investment. The property, with a total square footage of 5,199, was sold for a price of $4,230,000. This translates to a price per square foot of $813. The property's buildable square footage (BSF) stands at 5,389, with a price per buildable square foot (PPBSF) of $784. The lot size spans 1,585 square feet and has dimensions of 20 feet by 79.25 feet.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $4,230,000
• Market: Williamsburg, Brooklyn
• Zoning: C4-3
• Buyer: Adam J. Semler
• Seller: Dorene Goldfinger
• Tax Class: 2A
• FAR: 3.28
• Permits: Alteration 2 (05/11/2012)

In this transaction, Adam J. Semler emerged as the buyer, while Dorene Goldfinger was the seller. The deal was finalized on 05/27/2022. With a FAR of 3.28, this property offers significant development potential. The tax class for this asset is 2A, indicating its classification for multifamily residential use. Additionally, the property had received an alteration permit on 05/11/2012, enabling modifications to the building.