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Feldman Family Sells Williamsburg Multifamily For $17.5M With John Barney & Greg Melanson - Weber Frank Involved

Property Image
SOLD
$17,500,000
Gregory (Greg) Melanson

New York

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MultiFamily52,797 SF
Sold 10/13/2022
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Property Image
SOLD

Feldman Family Sells Williamsburg Multifamily For $17.5M With John Barney & Greg Melanson - Weber Frank Involved

65 Roebling Street

See Similar Deals
MultiFamily52,797 SF
Sold 10/13/2022
Gregory (Greg) Melanson
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$331
Total Square Footage:52,797 SF
Transaction Type:Sale

The multifamily property located at 65 & 83 Roebling Street in Williamsburg has been sold. The transaction was handled by John Barney & Greg Melanson from Weber Frank on behalf of the seller, the Feldman Family. The property consists of 55 units, with an average price per unit of $318,182. The total square footage of the property is 52,797, with a price per square foot of $331. The sale price for this property was $17,500,000.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $17,500,000
  • Units: 55
  • Price per Unit: $318,182
  • Square Footage: 52,797
  • Price per Square Foot: $331
  • Address: 65 & 83 Roebling Street
  • Market: Williamsburg

John Barney & Greg Melanson from Weber Frank represented the Feldman Family in this transaction. Their expertise and experience in the real estate market were instrumental in facilitating the sale of this multifamily property.

Players

Gregory (Greg) Melanson
19 deals$91.1M volume
BROKER

John Barney
Weber Frank Real Estate
21 deals$109.5M volume(212) 256-1795
BROKER

Details

SOLD
IMAGE: John Barney & Greg Melanson DATE: 10/13/2022 ADDRESS: 65 & 83 Roebling Street MARKET: Williamsburg ASSET TYPE: Multifamily SELLER: Feldman Family BROKERS: John Barney (@JohnBarney35)& Greg Melanson - Weber Frank (@WeberFrankCRE) SALE PRICE: $17,500,000 UNITS: 55 ~ PPU: $318,182 SF: 52,797 ~ PPSF: $331

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Debt Service Coverage Ratio (DSCR)

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