SOLD
Yihai North America Acquires Multifamily Property In Williamsburg, Brooklyn For $45.5M
111 Kent Avenue
MultiFamily
82,081 SF
82,081 SF
Sold 1 year ago
Summary
Sale
NEW YORK
MultiFamily
82,081 sqft
The multifamily property located at 111 Kent Avenue in Williamsburg, Brooklyn, has been sold for a total price of $45,500,000. The transaction was facilitated by JLL brokers Jeff Julien, Rob Hinckley, and Steven Rutman.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $45,500,000
- Address: 111 Kent Avenue, Williamsburg, Brooklyn
- Square Footage: 82,081
- Price Per Square Foot: $554
- Number of Units: 62
- Price Per Unit: $733,870
The buyer of the property is Yihai North America, represented by Linda Wong. The seller is American Realty Advisors, represented by Stanley Iezman. The sale of this multifamily asset marks a significant transaction in the Williamsburg market.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: IMAGE: Jeff Julien, Rob Hinckley, Steven Rutman
DATE: 08/14/2020
ADDRESS: 111 Kent Avenue
MARKET: Williamsburg, Brooklyn
ASSET TYPE: Multifamily
BUYER: Yihai North America – Linda Wong
SELLER: American Realty Advisors – Stanley Iezman
BROKERS: Jeff Julien, Rob Hinckley, Steven Rutman – JLL
SALE PRICE: $45,500,000
SF: 82,081 PPSF: $554
UNITS: 62 PPU: $733,870View on map
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Address111 Kent Avenue
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