Jonathan Wiener Acquires Multi Family Property In Williamsburg, Brooklyn

The property asset involved in this transaction is a multi-family building located at 360 South 1 Street in Williamsburg, Brooklyn. The sale occurred on December 8, 2021, with a transaction amount of $7,363,419. The building has a total square footage of 21,300 and a building square footage of 12,928, which yields a price per square foot of $346 and a price per building square foot of $570. The zoning designation for this asset is R6, C2-3 and it sits on a lot size of 5,320 with dimensions of 56 ft x 95 ft.

Summary of transaction details:

• Property Type: Multi Family
• Transaction Amount: $7,363,419
• Address: 360 South 1 Street
• Market: Williamsburg, Brooklyn
• Building Square Footage (BSF): 12,928
• Price per Building Square Foot (PPBSF): $570
• Total Square Footage (SF): 21,300
• Price per Square Foot (PPSF): $346
• Floor Area Ratio (FAR): 4.00
• Tax Class: 2
• Lot Size: 5,320
• Last Sale Price: $0 (11/15/2021)
• Lot Dimension: 56 ft x 95 ft

The key individuals involved in this transaction include the buyer, Jonathan Wiener, and the seller, Morris Joseph Knoll. They were pivotal in executing this real estate deal within the Williamsburg market, further defined by the detailed financial settings of the transaction.