Joseph Tabak Acquires Warehouse In Williamsburg, Brooklyn For $7.5M

The warehouse located at 71 White Street in Williamsburg, Brooklyn has been sold in a transaction dated May 3, 2021. The property, zoned as M1-2, spans a total area of 25,003 square feet. The building encompasses 50,000 square feet, with a price per square foot (PPSF) of $305. The total sale price for the property amounts to $7,505,000, with a buildable square footage (BSF) of 50,000. The price per buildable square foot (PPBSF) comes out to be $151. The lot dimensions measure 159.83 feet by 200 feet.

Summary of transaction details

• Property Type: Warehouse
• Transaction Amount: $7,505,000
• Market: Williamsburg, Brooklyn
• Buyer: Joseph Tabak
• Seller: Yoel Goldman
• Last Sale Price: $8,750,000 (9/11/2015)
• Permits: Alteration type 3 (01/28/2020)
• Tax Class: 4
• FAR: 0.99
• Lot Size: 25,003

In this transaction, Joseph Tabak has acquired the property at 71 White Street. The seller, Yoel Goldman, oversaw the sale of the warehouse. The previous sale of the property took place on September 11, 2015, with a last sale price of $8,750,000. The property obtained an alteration type 3 permit on January 28, 2020. The tax class assigned to the property is class 4.