Joel Schwartz Acquires Multifamily Property At 676 Lorimer Street In Williamsburg For $8.37M

676 Lorimer Street is a multifamily property located in Williamsburg, Brooklyn. The property consists of 26,047 square feet and was sold for $8,365,275, translating to approximately $321 per square foot.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $8,365,275
• Sale Date: 02/27/2026
• Address: 676 Lorimer Street
• Market: Williamsburg, Brooklyn
• Square Footage: 26,047
• Price Per Square Foot: $321
• Buyer: Joel Schwartz
• Seller: Jonathan Babakhanov

Joel Schwartz completed the purchase representing his interests in the multifamily property, while Jonathan Babakhanov acted as the seller in this transaction.