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159 South 2nd Street
SOLD

Marcus & Millichap Sells 22-Unit Multifamily Property In Williamsburg, Brooklyn For $6.6M

159 South 2nd Street

MultiFamily
16,313 SF
clock iconSold 1 year ago
Samuel (Sam) Leppo
Michael (Mike) Salvatico
Shaun Riney
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Summary

Sale
NEW YORK
MultiFamily
16,313 sqft

Located in Williamsburg, Brooklyn, this multifamily property at 159 South 2nd Street recently changed hands in a closed transaction. The property is zoned as R6 and offers a total of 22 units, comprising a total square footage of 16,313. The sale price for this asset was $6,600,000, resulting in a per unit price of $300,000. The price per square foot stands at $404.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,600,000
  • Address: 159 South 2nd Street, Williamsburg, Brooklyn
  • Zoning: R6
  • Units: 22
  • Total Square Footage: 16,313
  • Price Per Unit: $300,000
  • Price Per Square Foot: $404

The sale was facilitated by the brokerage firm Marcus & Millichap, with the following brokers representing the seller: Mike Salvatico, Shaun Riney, and Sam Leppo.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Samuel (Sam) Leppo's profile picture
Samuel (Sam) Leppo
Marcus & Millichap-image
Licensed Real Estate Salesperson
$266.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Sam Leppo, Shaun Riney & Mike Salvatico DATE: 12/27/2021 ADDRESS: 159 South 2nd Street MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6 SELLER: The Vaglica Family BROKERS: Mike Salvatico (@MikeSalvatico), Shaun Riney (@ShaunRiney1) & Sam Leppo (@SamLeppo) - Marcus & Millichap (@Newyorkmultifamily) SALE PRICE: $6,600,000 UNITS: 22 ~ PPU: $300,000 SF: 16,313 ~ PPSF: $404

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Address159 South 2nd Street

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