Joel Schwartz Acquires Retail Property In Williamsburg, Brooklyn For $4.2M

The retail property located at 168 North 10 Street in Williamsburg, Brooklyn has been sold in a recent transaction. The property is zoned as R6A and C1-4, allowing for various commercial uses. The sale took place on November 8, 2021.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,200,000
• Address: 168 North 10 Street, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn

The buyer of the property is Joel Schwartz, while the seller is Joanna Sidibe. The property was sold at a price of $4,200,000, with a building square footage of 2,954 and a price per square foot of $1,421. The building has a total of 11,361 square feet and a price per buildable square foot of $369.

The property's floor area ratio (FAR) is 0.78, indicating the ratio of the building's total floor area to the lot size. The property is classified under tax class 4. The lot size is approximately 3,787 square feet, with dimensions of 42.5 ft x 100 ft. The property underwent an alteration permit on February 18, 2021, marked as Alteration 3.