PEAK Capital Acquires Multifamily Property In Williamsburg For $4.7M

The multifamily property located at 150 N. 9th St. in Williamsburg has been sold in a closed transaction. The property consists of 8 units with a total square footage of 6,875. The sale price for the property was $4,712,500, resulting in a price per unit of $589,062 and a price per square foot of $685. The buyer in this transaction was PEAK Capital, represented by Alex Rabin and David Gomez. The seller was Daniel Aandrejczuk. Theo Eastwind of CapriJet Realty served as the broker for this deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,712,500
• Address: 150 N. 9th St., Williamsburg
• Market: Williamsburg

PEAK Capital, led by Alex Rabin and David Gomez, acquired this property. The purchase was motivated by the property's potential for value-add renovations and its close proximity to Bedford Avenue, L Train, and Mccaren Park. PEAK Capital is actively searching for similar value-add multi and mixed-use properties in prime neighborhoods of Western Queens, Brooklyn, and Manhattan. For any new acquisition opportunities, interested parties can contact Alex Rabin at [email protected].