Sasan Azar & Angela Azar Acquire Multifamily Property On Lorimer St. In Williamsburg, Brooklyn For $3.24M

Located at 516 Lorimer St. in Williamsburg, Brooklyn, this multifamily property was recently sold in a closed transaction. The property consists of 4 units with a total of 4,000 square feet. The sale price for this property was $3,236,000, resulting in a price per unit of $809,000 and a price per square foot of $809. The transaction took place on 03/17/2022.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,236,000
• Address: 516 Lorimer St., Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Buyer: Sasan Azar & Angela Azar
• Seller: Steve & Rod Newman
• Broker: Theo Eastwind - CapriJet Realty
• Units: 4
• Price per Unit: $809,000
• Square Footage: 4,000
• Price per Square Foot: $809

Theo Eastwind, an associate broker from CapriJet Realty, represented the buyer and seller in this transaction. The sale of this property was $136,000 over the asking price. Theo Eastwind is known for their expertise in Williamsburg, Greenpoint, Bushwick, Ridgewood, and the surrounding areas. Whether it's rentals, sales, or commercial deals, Theo and their team are dedicated to producing great results for their clients.