David Mayer Acquires Multifamily Property On Frost Street In Williamsburg, Brooklyn

Located in the Williamsburg neighborhood of Brooklyn, the recently closed property transaction at 178 Frost Street involved a multifamily asset with a total square footage of 6,015. The property is zoned as R6B, allowing for various housing options. The deal took place on March 11, 2021, and the transaction was facilitated by Josh Lipton & Andrew Levine of Invictus Property Advisors, representing both the buyer and seller.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,175,000
• Address: 178 Frost Street
• Market: Williamsburg, Brooklyn
• Zoning: R6B
• Buyer: David Mayer
• Seller: The Vomero Family
• Brokers: Josh Lipton & Andrew Levine - Invictus Property Advisors

David Mayer purchased the property from The Vomero Family for a sale price of $2,175,000. This transaction was facilitated by the broker representatives, Josh Lipton & Andrew Levine, from Invictus Property Advisors. The property offers ample space with a square footage of 6,015 and a price per square foot of $361, making it an attractive investment opportunity in the Williamsburg market.