MetLife Acquires Multifamily Property In Williamsburg For $68.25M

The property involved in this transaction is a multifamily asset located at 44 Berry St & 139 N 10th St in Williamsburg. The sale took place on January 25, 2023. The property consists of 78 units with a total square footage of 66,981. The sale price for the property was $68,250,000, resulting in a per unit price of $875,000 and a per square foot price of $1,019.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $68,250,000
• Address: 44 Berry St & 139 N 10th St
• Market: Williamsburg

The buyer in this transaction was MetLife, while the seller was Clarion Partners. The brokers involved in the deal were Gary Phillips, Will Silverman, and Daniel Parker from Eastdil Secured.