Chris Lee Acquires 181 Maujer Street Multifamily In Williamsburg Brooklyn For $1.6M With Broker Shay Zach

This multi-family asset, located at 181 Maujer Street in Williamsburg, Brooklyn, has been sold for $1,600,000. The building encompasses 6,580 square feet and is comprised of 7 units, resulting in a price per square foot of $243 and a price per unit of $228,571.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $1,600,000
• Square Footage: 6,580
• Price per Square Foot: $243
• Units: 7
• Price per Unit: $228,571
• Buyer: Chris Lee
• Broker: Shay Zach - GAIA Property Group
• Market: Williamsburg Brooklyn

The transaction was completed in under 30 days with an all cash offer, reflecting a bank-owned asset traded from execution to closing. Shay Zach can be contacted at 646-210-1201 or [email protected] for inquiries about similar deals. Additionally, there is a strong demand from buyers looking for development sites.