Adam J Semler Acquires Multifamily Property On Bedford Avenue In Williamsburg, Brooklyn For $3.1M

The multifamily property located at 303 Bedford Avenue in Williamsburg, Brooklyn has been sold. The transaction took place on January 25, 2022, with a sale price of $3,100,000. The property has a total building square footage (BSF) of 4,301, resulting in a price per BSF (PPBSF) of $720. The total lot size is 1,770 square feet, with dimensions of 25 ft x 100 ft. The property is zoned as R6, C2-3, allowing for multiple uses.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,100,000
• Market: Williamsburg, Brooklyn
• Zoning: R6, C2-3
• BSF: 4,301
• PPBSF: $720
• SF: 2,885
• PPSF: $1,074
• FAR: 1.63
• Tax Class: 1
• Lot Size: 1,770
• Permits: Alteration 2 (06/21/2006)
• Lot Dimension: 25 ft x 100 ft

The buyer of the property is Adam J Semler, while the seller is Alfredo Gongora. The transaction represents an opportunity for investment in the vibrant Williamsburg market. The property's location and zoning offer potential for various development options, making it an attractive asset in the area.