Adam Mermelstein Acquires Multifamily Property In Williamsburg, Brooklyn For $4.8M
356 South 1 Street
21,386 SF
Summary
The multifamily property located at 356 South 1 Street in Williamsburg, Brooklyn has been sold in a recent transaction. The property is zoned as R6 and C2-3, allowing for various uses. The sale took place on 12/08/2021, with the buyer being Adam Mermelstein and the seller being Lusia Realty Corp., represented by Morris Joseph Knoll.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,810,781
- Address: 356 South 1 Street
- Market: Williamsburg, Brooklyn
- Zoning: R6, C2-3
The property has a building square footage (BSF) of 12,928, with a price per square foot (PPSF) of $372. The total square footage (SF) of the property is 21,386, with a price per square foot (PPSF) of $224. The floor area ratio (FAR) is 4.02, and the property falls under tax class 2.
The lot size of the property is 5,320, and it has dimensions of 56 ft x 95 ft. An alteration 2 permit was issued for the property on 05/20/2014. These details provide a comprehensive overview of the property involved in the transaction.
Details
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