Cushman & Wakefield Brokers $36.3M Multifamily Sale In Williamsburg, Brooklyn

A multifamily property located at 487 Keap St. in Williamsburg, Brooklyn has been sold for a total of $36,300,000. The property consists of 51 units, with a per unit price of $711,764. The total square footage of the property is 38,436, with a price per square foot of $944.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $36,300,000
• Address: 487 Keap St.
• Market: Williamsburg, Brooklyn
• Units: 51
• PPU: $711,764
• Square Footage: 38,436
• PPSF: $944

The seller of the property was Read Properties. The transaction was facilitated by the brokers Daniel O'Brien, Adam Spies, Kevin Donner, Caroline Hodes, and Doug Harmon from Cushman & Wakefield.