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

Property Image
SOLD
$3,650,000
Mary Wyatt
AS
AG

New York

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MultiFamily1,439 SF
Sold 10/28/2021
the dealplayerscompscontact
Property Image
SOLD

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

132 South 1st Street, South Williamsburg, Brooklyn, NY, USA

See Similar Deals
MultiFamily1,439 SF
Sold 10/28/2021
Mary Wyatt
AS
AG
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$2,536
Total Square Footage:1,439 SF
Transaction Type:Sale

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.

Players

Mary Wyatt
The Corcoran Group
Mary Wyatt
1 deal$3.7M volume
BROKER
AS
Adam Selmer
11 deals$51.2M volume
BUYER
AG
Alfredo Gongora
2 deals$6.8M volume
SELLER

Details

SOLD
IMAGE: 01/25/2022 ADDRESS: 303 Bedford Avenue MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6, C2-3 BUYER: Adam J Semler SELLER: Alfredo Gongora PRICE: $3,100,000 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

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