Timothy P Yantz Acquires Apartment Building On Roebling Street In Williamsburg, Brooklyn For $10.5M

An apartment building located at 77-83 Roebling Street in Williamsburg, Brooklyn has been sold in a transaction dated October 13, 2022. The property, which falls under the M1-2/R6A and MX-8 zoning designations, offers a total of 37,500 square feet of buildable space (BSF) at a price of $10,500,000. This translates to a price per buildable square foot (PPBSF) of $280. The total size of the lot is 12,500 square feet, with dimensions of 100 ft x 125 ft.

Summary of Transaction Details:

• Property Type: Apartment
• Transaction Amount: $10,500,000
• Market: Williamsburg, Brooklyn
• Zoning: M1-2/R6A, MX-8
• Buildable Square Feet (BSF): 37,500
• Price per Buildable Square Foot (PPBSF): $280
• Lot Size: 12,500 square feet
• Lot Dimension: 100 ft x 125 ft

The buyer of the property is Timothy P Yantz, while the seller is Morris Feldman. The transaction also involved an alteration permit issued on December 30, 2016. The property has a floor area ratio (FAR) of 2.70 and falls under tax class 2.