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98 Bedford Avenue
SOLD

MetLife Acquires Multifamily Property In Williamsburg For $68.25M

98 Bedford Avenue

MultiFamily
6,500 SF
clock iconSold 1 year ago
Tyler Workman
Matthew (Matt) Fotis
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Summary

Sale
NEW YORK
MultiFamily
6,500 sqft

The property involved in this transaction is a multifamily asset located at 44 Berry St & 139 N 10th St in Williamsburg. The sale took place on January 25, 2023. The property consists of 78 units with a total square footage of 66,981. The sale price for the property was $68,250,000, resulting in a per unit price of $875,000 and a per square foot price of $1,019.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $68,250,000
  • Address: 44 Berry St & 139 N 10th St
  • Market: Williamsburg

The buyer in this transaction was MetLife, while the seller was Clarion Partners. The brokers involved in the deal were Gary Phillips, Will Silverman, and Daniel Parker from Eastdil Secured.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Tyler Workman's profile picture
Tyler Workman
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Investment Analyst
$38M Sold

Details

Deal Summary
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SOLD
IMAGE: Gary Phillips, David Gilbert, Aaron Kutner, Daniel Parker & Will Silverman DATE: 01/25/2023 ADDRESS: 44 Berry St & 139 N 10th St MARKET: Williamsburg ASSET TYPE: Multifamily BUYER: MetLife SELLER: Clarion Partners BROKERS: Gary Phillips (@Garyty123), Will Silverman (@Wilverman1978) & Daniel Parker - Eastdil Secured (@EastdilSecured) SALE PRICE: $68,250,000 UNITS: 78 ~ PPU: $875,000 SF: 66,981 ~ PPSF: $1,019

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Address98 Bedford Avenue

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