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Soonbin Kim Acquires Williamsburg Multifamily For $15.5M

331 Keap Street
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This MultiFamily property located in NY was sold for $15,500,000 about 5 years ago. The brokers of the deal were Luke Sproviero, Donal Flaherty, Hakeem Lecky, and Derek Bestreich

Located at 331 Keap St. in Williamsburg, Brooklyn, this multifamily property was recently sold for a total of $15,500,000. The property spans an area of 21,740 square feet, with a price per square foot of $713. It consists of 36 units, making the price per unit approximately $430,555. The sale was completed on February 15, 2019.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $15,500,000
  • Market: Williamsburg, BK
  • Square Footage: 21,740
  • Price per Square Foot: $713
  • Number of Units: 36
  • Price per Unit: $430,555

The seller of the property was Icon Realty, while the buyer was Soonbin Kim. The deal was facilitated by the brokers from BRG Commercial Real Estate Advisors, namely Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky.

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Deals
  • Location
    331 Keap Street, Brooklyn, NY 11211, USA331 Keap Street, Brooklyn, NY 11211, USA
  • Sale Price
    $15,500,000$15,500,000
    $713 PPSF$713 PPSF
  • Area
    21,740 SF21,740 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Luke Sproviero

Luke Sproviero

Deals163
Financed$537M

Agency

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

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Deal Summary

SALE IMAGE: Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky, Terrence Lowenberg & Todd Cohen DATE: 02/15/2019 ADDRESS: 331 Keap St. MARKET: Williamsburg, BK ASSET TYPE: Multifamily SALE PRICE: $$15,500,000 SF: 21,740 / PPSF: $713 UNITS: 36 / PPU: $430,555 SELLER: @IconRealty BUYER: Soonbin Kim BROKERS: @brg_cre – Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky

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