The Beer Family Acquires Commercial Office In Williamsburg For $3.3M
243-247 Boerum Street
10,500 SF
Summary
243-247 Boerum Street is a commercial office property located in Williamsburg, Brooklyn. The property consists of three contiguous commercial townhouses and is zoned M1-1. The transaction took place on November 15, 2021.
Summary of transaction details
- Property Type: Commercial Office
- Transaction Amount: $3,300,000
- Address: 243-247 Boerum Street
- Market: Williamsburg
The buyer of the property is The Beer Family. The deal was facilitated by brokers Shaun Riney, Mike Salvatico, and Michael Kolbus from Marcus & Millichap. The sale price for the property was $3,300,000, with a total square footage of 10,500. The price per square foot is $314. The property consists of three units, with an average price per unit of $1,100,000.
According to a note from @NewYorkMultifamily, 243-247 Boerum Street is located near the new Netflix studios in East Williamsburg. The properties, constructed in 2006, offer vacant spaces with 20' ceilings, finished basements, and a private courtyard. If you are interested in learning more about the deal or are looking for similar value-add properties or an opinion of value on a similar property, you can reach out to Shaun Riney, Mike Salvatico, or Michael Kolbus.
Players
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want