Stella Tsang Acquires Multifamily Property On South 4th Street In Williamsburg For $2.63M

The multifamily property located at 60 South 4th Street in Williamsburg has been sold in a closed transaction. The property spans over 4,400 square feet and was listed for a sale price of $2,630,000, resulting in a price per square foot of $597. The sale of this vacant property presents a value-add redevelopment opportunity.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $2,630,000
• Address: 60 South 4th Street
• Market: Williamsburg

The buyer of the property is Stella Tsang, while the seller is Benito Guilliani. The deal was facilitated by the brokers Jakub Nowak, Matt Rosenzweig, and Jason Moskowitz from The_Nowak_Group at arcusMillichap_NY.

This transaction was an all-cash deal with no buyer contingencies, even in the challenging post COVID-19 lockdown marketplace. For more information on achieving similar results in property sales, interested parties can reach out to the brokers involved:

Jakub Nowak - (718) 475-4353

Matt Rosenzweig - (718) 475-4366

Jason Moskowitz - (718) 475-4387