Yoel Blum Acquires Multifamily Property On Ross Street, Williamsburg, Brooklyn For $3.2M

A multifamily property located at 205 Ross Street in Williamsburg, Brooklyn was recently sold. The property has a lot size of 2,500 square feet with dimensions of 25 ft x 100 ft. The transaction took place on May 27, 2021.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,200,000
• Market: Williamsburg, Brooklyn
• Zoning: R6
• Buyer: Yoel Blum
• Seller: Louisa Reichenberg
• Building Square Footage (BSF): 6,075
• Price per BSF: $526
• Lot Dimensions: 25 ft x 100 ft
• Building Square Footage (SF): 7,500
• Price per SF: $426
• FAR: 3.00
• Tax Class: 2B

The buyer in this transaction, Yoel Blum, acquired the property from Louisa Reichenberg. The property has a total building square footage of 7,500, with a price per square foot of $426. The lot size is 2,500 square feet, with dimensions of 25 ft x 100 ft. The property is zoned as R6, allowing for multifamily use. The transaction amount for the sale was $3,200,000, with a price per building square foot of $526. The property falls under tax class 2B.