facebook
Traded Co logo
Submit a Deal

Hubb NYC Acquires Multifamily Property In Williamsburg, Brooklyn For $116.2M

247 North 7th Street
PointingArrow
ShareContact

This MultiFamily property located in NY was sold for $116,200,000 over 2 years ago. The brokers of the deal were Joy Ryoo, John Taylor, Steven Rutman, Rob Hinckley, and Jeffrey (Jeff) Julien

A multifamily property located at 247 N. 7th St. in Williamsburg, Brooklyn has been sold for a total price of $116,200,000. The property consists of 169 units with an average price per unit (PPU) of $687,573. The total square footage of the property is 151,000, resulting in a price per square foot (PPSF) of $769.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $116,200,000
  • Units: 169
  • PPU: $687,573
  • Square Footage: 151,000
  • PPSF: $769
  • Address: 247 N. 7th St., Williamsburg, Brooklyn

The buyers in this transaction are John McCarthy and Jesse Terry from HUBB NYC, while the seller is Greystar. The deal was facilitated by Rob Hinckley, Jeff Julien, Steven Rutman, John Taylor, and Joy Ryoo from JLL, who represented both the buyer and the seller.

View Related

Deals
  • Location
    247 North 7th Street, Brooklyn, NY 11211247 North 7th Street, Brooklyn, NY 11211
  • Sale Price
    $116,200,000$116,200,000
    $769 PPSF$769 PPSF
  • Area
    151,000 SF151,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Joy Ryoo

Joy Ryoo

Deals1
Sold$116.2M

John Taylor

John Taylor

Deals8
Sold$3.5B

Jeffrey (Jeff) Julien

Jeffrey (Jeff) Julien

Deals41
Financed$5.3B

Steven Rutman

Steven Rutman

Deals43
Financed$5.6B

Rob Hinckley

Rob Hinckley

Deals51
Financed$5.2B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Social

Deal Summary

SALE IMAGE: Steven Rutman, Jeff Julien, Rob Hinckley, John Taylor & Joy Ryoo DATE: 12/16/2021 ADDRESS: 247 N. 7th St. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily BUYER: John McCarthy & Jesse Terry - HUBB NYC SELLER: Greystar BROKERS: Rob Hinckley, Jeff Julien, Steven Rutman, John Taylor, & Joy Ryoo – JLL SALE PRICE: $116,200,000 UNITS: 169 ~ PPU: $687,573 SF: 151,000 ~ PPSF: $769

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

247 North 7th Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits