Naotada Minami Acquires Multi Family Property On Ainslie Street, Williamsburg, Brooklyn For $3.2M

A multi-family property located at 164 Ainslie Street in Williamsburg, Brooklyn has been sold. The property is zoned as R6B and has a lot size of 2,500 square feet. It features a building with a total square footage of 4,200. The transaction took place on December 16, 2021, with a sale price of $3,200,000. The buyer of the property is Naotada Minami, while the seller is Victor Efremenkov. The previous sale of the property occurred on July 29, 2016, with a sale price of $2,950,000.

Summary of transation details

• Property Type: Multi Family
• Transaction Amount: $3,200,000
• Market: Williamsburg, Brooklyn
• Zoning: R6B
• Lot Size: 2,500

The property has a building square footage (BSF) of 5,000, with a price per BSF of $640. The square footage (SF) of the property is 4,200, with a price per square foot (PPSF) of $762. The property has a floor area ratio (FAR) of 1.68 and falls under tax class 1. The lot dimensions are 25 ft x 100 ft.

Naotada Minami represented their own interest in the transaction, while Victor Efremenkov represented themselves as the seller's representative.