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Adam J Semler Acquires Multifamily Property On South 2 Street In Williamsburg, Brooklyn

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SOLD
$6,600,000

New York

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MultiFamily16,312 SF
Sold 12/27/2021
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Property Image
SOLD

Adam J Semler Acquires Multifamily Property On South 2 Street In Williamsburg, Brooklyn

159 South 2nd Street, Brooklyn, New York 11211, United States

See Similar Deals
MultiFamily16,312 SF
Sold 12/27/2021
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Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$404
Total Square Footage:16,312 SF
Transaction Type:Sale

The property at 159 South 2 Street in Williamsburg, Brooklyn, has been sold in a recent transaction. The multifamily property, zoned as R6, was purchased by Adam J Semler from Michael Vaglica. The sale took place on December 27, 2021, for a total price of $6,600,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,600,000
  • Address: 159 South 2 Street, Williamsburg, Brooklyn
  • Market: Williamsburg, Brooklyn
  • Zoning: R6
  • Buyer: Adam J Semler
  • Seller: Michael Vaglica

The property has a building square footage (BSF) of 9,112, with a price per BSF (PPBSF) of $724. The total square footage (SF) of the property is 16,312, with a price per square foot (PPSF) of $404. The property has a floor area ratio (FAR) of 4.35 and falls under tax class 2.

Additional details about the property include a lot size of 3,750 and a lot dimension of 37.5 ft x 100 ft. A permit for alteration 2 was issued on February 22, 2011.

Players

11 deals$51.2M volume
BUYER

Details

SOLD
IMAGE: 12/27/2021 ADDRESS: 159 South 2 Street MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6 BUYER: Adam J Semler SELLER: Michael Vaglica PRICE: $6,600,000 BSF: 9,112 ~ PPBSF: $724 SF: 16,312 ~ PPSF: $404 FAR: 4.35 TAX CLASS: 2 LOT SIZE: 3,750 PERMITS: Alteration 2 (02/22/2011) LOT DIMENSION: 37.5 ft x 100 ft

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