Cushman & Wakefield Brokers $36.3M Multifamily Sale In Williamsburg, Brooklyn | 487 Keap Street | Kevin Donner, Douglas (Doug) Harmon, Daniel (Dan) O'Brien, Adam Spies, Elya Kahn, Caroline Hodes | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

56,997 sqft

A multifamily property located at 487 Keap St. in Williamsburg, Brooklyn has been sold for a total of $36,300,000. The property consists of 51 units, with a per unit price of $711,764. The total square footage of the property is 38,436, with a price per square foot of $944.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $36,300,000
Address: 487 Keap St.
Market: Williamsburg, Brooklyn
Units: 51
PPU: $711,764
Square Footage: 38,436
PPSF: $944

The seller of the property was Read Properties. The transaction was facilitated by the brokers Daniel O'Brien, Adam Spies, Kevin Donner, Caroline Hodes, and Doug Harmon from Cushman & Wakefield.

Players

All
7

Agents
6
Agencies
1

Kevin Donner

Executive Managing Director

$7.8B Sold

Douglas (Doug) Harmon

Co-Head of U.S. Capital Markets

$22.4B Sold

Daniel (Dan) O'Brien

Executive Managing Director

$2.5B Sold

Adam Spies

Co-Head of U.S. Capital Markets

$30.9B Sold

Elya Kahn

Commercial Mortgage Broker

$36.3M Sold

Caroline Hodes

Associate

$872.1M Sold

Newmark

Details

Deal Summary

SOLD

IMAGE: Daniel O’Brien, Adam Spies, Kevin Donner, Caroline Hodes & Doug Harmon DATE: 06/01/2022 ADDRESS: 487 Keap St. MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily SELLER: Read Properties BROKERS: Daniel O’Brien, Adam Spies, Kevin Donner, Caroline Hodes (@CarolineHodes) & Doug Harmon - Cushman & Wakefield (@CushWake) (@KingsAndQueensCapitalMarkets) SALE PRICE: $36,300,000 UNITS: 51 ~ PPU: $711,764 SF: 38,436 ~ PPSF: $944

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Address487 Keap Street

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