Avison Young Brokers Sell Williamsburg Multifamily For $39.5M

The multifamily property located at 484 Humboldt Street in Williamsburg has been sold for a total price of $39,500,000. The property consists of 69 units, with a per unit price of approximately $572,463. The total square footage of the property is 68,930, with a price per square foot of $573.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,500,000
• Address: 484 Humboldt Street, 65 & 64-68 Maspeth Street
• Market: Williamsburg
• Brokers: Brandon Polakoff, James Nelson, Fritz Richter, Ryan McGuirl & Eric Karmitz - Avison Young
• Number of Units: 69
• Price per Unit: $572,463
• Total Square Footage: 68,930
• Price per Square Foot: $573

The sale was facilitated by the team of brokers from Avison Young, including Brandon Polakoff, James Nelson, Fritz Richter, Ryan McGuirl, and Eric Karmitz. They were responsible for representing the parties involved in the transaction.