The multifamily property located at 216 Grand Street in Williamsburg, Brooklyn, was recently sold by the Matalon Family. This property consists of 3 units with a total square footage of 11,000 and was sold at a price of $8,000,000, translating to $727 per square foot.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Units: 3
• Price Per Unit: $2,666,667
• Square Footage: 11,000
• Price Per Square Foot: $727
• Address: 216 Grand Street
• Market: Williamsburg, Brooklyn

Zach Redding and Dylan Kane from Colliers facilitated the transaction as the brokers representing the parties involved in the sale of the multifamily property.