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Holliswood Development Acquires 250 Union Avenue Multifamily In Williamsburg For $2.6M

Property Image
SOLD
$2,600,000

New York

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MultiFamily4,000 SF
Sold 02/20/2025
the dealdetailscomps
Property Image
SOLD

Holliswood Development Acquires 250 Union Avenue Multifamily In Williamsburg For $2.6M

250 Union Avenue

See Similar Deals
MultiFamily4,000 SF
Sold 02/20/2025
the dealdetailscomps

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$650
Total Square Footage:4,000 SF
Transaction Type:Sale

The property asset involved in the transaction is a MultiFamily building located at 250 Union Avenue in the Williamsburg market. The sale price was $2,600,000.00, with a total of 8 units and a square footage of 4,000.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $2,600,000.00
  • Address: 250 Union Avenue
  • Market: Williamsburg
  • Units: 8
  • Square Footage: 4,000.0
  • Buyer: Holliswood Development
  • Key Individuals: Dana Lowey, Solomon Berger

Holliswood Development, represented by Dana Lowey and Solomon Berger, has expanded its portfolio in Williamsburg with this acquisition. Solomon Berger can be contacted at [email protected] for any potential deals. The company is particularly interested in 2B buildings or packages that can be delivered mostly vacant, while also being open to considering mark to market value add deals in preferred locations.

Players

HD
Holliswood Development
BUYER
HD
Holliswood Development
BUYER

Details

SOLD
IMAGE: Dana Lowey & Solomon Berger DATE: 02/20/2025 ADDRESS: 250 Union Avenue MARKET: Williamsburg ASSET TYPE: Multifamily BUYER: Dana Lowey & Solomon Berger - Holliswood Development - SELLER: Marjorie Kirrane SALE PRICE: $2,600,000 UNITS: 8 ~ PPU: $325,000 SF: 4,000 ~ PPSF: $650 NOTE ROM BUYER: With the purchase of 250 Union Ave Holliswood continues to grow its portfolio in Williamsburg and looks to continue to create affordable luxury in prime NYC and Manhattan/ Brooklyn Markets. Please reach out to Solomon Berger ([email protected]) with any deals. We have a strong preference for 2B buildings or packages that can be delivered (mostly) vacant but are willing to look at mark to market value add deals in our preferred locations.

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