Benjamin Vago & Stephen Vorvolakos Of Ariel Property Advisors Sell Williamsburg Multifamily Property For $1.7M

Located in Williamsburg, the multifamily property at 318 Humboldt Street was recently sold for a price of $1,725,000. The sale, which took place on June 15, 2022, involved a total of 7 units, resulting in a price per unit of $246,428. The property spans across 5,000 square feet, with a price per square foot of $345.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $1,725,000
• Units: 7
• Price per Unit: $246,428
• Square Footage: 5,000
• Price per Square Foot: $345

The sale was facilitated by Ariel Property Advisors, with Benjamin Vago and Stephen Vorvolakos serving as the brokers representing the parties involved. The property, situated in the bustling market of Williamsburg, attracted significant attention.