Avison Young Brokers Facilitate $15M Multifamily Sale In Williamsburg

Located at 347 Lorimer Street in Williamsburg, Brooklyn, the multifamily property was sold for $15,000,000. The transaction involved 18 units with a price per unit of $833,333, spanning across 27,500 square feet.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $15,000,000
• Unit: 18
• Price Per Unit: $833,333
• Square Footage: 27,500
• Address: 347 Lorimer Street
• Market: Williamsburg, Brooklyn

The deal at 347 Lorimer Street was facilitated by Brandon Polakoff, Erik Edeen, Eric Karmitz, Frederick Richter, Ryan McGuirl, and Joseph Moran from Avison Young. Among them, Frederick Richter played a key role in the transaction.