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Hub NYC Acquires Multifamily Property In Williamsburg For $76.8M

Property Image
SOLD
$76,775,000
Eliott Zeitoune
Robert (Bob) Knakal
Ethan Stanton
+ 6

New York

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MultiFamily85,226 SF
Sold 08/01/2022
the dealplayerscompscontact
Property Image
SOLD

Hub NYC Acquires Multifamily Property In Williamsburg For $76.8M

150 Union Avenue

See Similar Deals
MultiFamily85,226 SF
Sold 08/01/2022
Eliott Zeitoune
Robert (Bob) Knakal
Ethan Stanton
+ 6
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$900
Total Square Footage:85,226 SF
Transaction Type:Sale

A multifamily property located at 150 Union Ave in Williamsburg, Brooklyn has been sold for a total of $76,775,000. The property consists of 130 units, with an average price per unit of $590,577. The total square footage of the property is 85,226, with an average price per square foot of $901.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $76,775,000
  • Address: 150 Union Ave
  • Market: Williamsburg, Brooklyn

The buyer of the property is HUBB NYC, while the seller is Adam America Real Estate Group. The deal was brokered by Ethan Stanton, Stephen Palmese, Brendan Maddigan, Michael Mazzara, Winfield Clifford, Bob Knakal, Jeffrey Julien, and Eliott Zeitoune of JLL.

Players

Brendan Maddigan
JLL
Brendan Maddigan
125 deals$4.7B volume(508) 733-8445
BROKER
Ethan Stanton
JLL
Ethan Stanton
133 deals$6.1B volume(516) 790-7718
BROKER
Jeffrey (Jeff) Julien
JLL
Jeffrey Julien
58 deals$9B volume
BROKER
Robert (Bob) Knakal
BK Real Estate Advisors
Robert Knakal
64 deals$3.2B volume(907) 509-9501
BROKER
Winfield Clifford
JLL
Winfield Clifford
75 deals$2.6B volume(212) 376-5443
BROKER
Michael Mazzara
JLL
Michael Mazzara
111 deals$3.9B volume(212) 376-5450
BROKER
Stephen Palmese
JLL
Stephen Palmese
84 deals$3.3B volume(212) 376-1228
BROKER
Eliott Zeitoune
Arrow Real Estate Advisors
Eliott Zeitoune
8 deals$807.9M volume(212) 736-4422
BROKER
HUBB NYC
HUBB NYC
BUYER
AA
Real Estate Group
Adam America
12 deals$289.6M volume
SELLER

Details

SOLD
IMAGE: Ethan Stanton, Stephen Palmese, Brendan Maddigan, Michael Mazzara, Bob Knakal, Winfield Clifford, Jeffrey Julien & Eliott Zeitoune DATE: 08/01/2022 ADDRESS: 150 Union Ave. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily BUYER: HUBB NYC SELLER: Adam America Real Estate Group BROKERS: Ethan Stanton, Stephen Palmese (@StephenPalmese), Brendan Maddigan (@BrendanMaddigan), Michael Mazzara, Winfield Clifford, Bob Knakal, Jeffrey Julien & Eliott Zeitoune - JLL (@JLL) SALE PRICE: $76,775,000 UNITS: 130 ~ PPU: $590,577 SF: 85,226 ~ PPSF: $901

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