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Stella Tsang Acquires Multifamily Property On South 4th Street In Williamsburg For $2.63M

60 South 4th Street
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This MultiFamily property located in NY was sold for $2,630,000 over 2 years ago. The brokers of the deal were Matthew (Matt) Rosenzweig, Jakub Nowak, and Jason Moskowitz

The multifamily property located at 60 South 4th Street in Williamsburg has been sold in a closed transaction. The property spans over 4,400 square feet and was listed for a sale price of $2,630,000, resulting in a price per square foot of $597. The sale of this vacant property presents a value-add redevelopment opportunity.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $2,630,000
  • Address: 60 South 4th Street
  • Market: Williamsburg

The buyer of the property is Stella Tsang, while the seller is Benito Guilliani. The deal was facilitated by the brokers Jakub Nowak, Matt Rosenzweig, and Jason Moskowitz from The_Nowak_Group at arcusMillichap_NY.

This transaction was an all-cash deal with no buyer contingencies, even in the challenging post COVID-19 lockdown marketplace. For more information on achieving similar results in property sales, interested parties can reach out to the brokers involved:

Jakub Nowak - (718) 475-4353

Matt Rosenzweig - (718) 475-4366

Jason Moskowitz - (718) 475-4387

View Related

Deals
  • Location
    60 South 4th Street, South Williamsburg, Brooklyn, NY, USA60 South 4th Street, South Williamsburg, Brooklyn, NY, USA
  • Sale Price
    $2,630,000$2,630,000
    $597 PPSF$597 PPSF
  • Area
    4,400 SF4,400 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Matthew (Matt) Rosenzweig

Matthew (Matt) Rosenzweig

Deals12
Sold$57.1M

Jakub Nowak

Jakub Nowak

Deals67
Financed$352.8M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Jakub Nowak, Matt Rosenzweig & Jason Moskowitz DATE: 08/11/2021 ADDRESS: 60 South 4th Street MARKET: Williamsburg ASSET TYPE: Multifamily BUYER: Stella Tsang SELLER: Benito Guilliani BROKERS: Jakub Nowak (@Jakub_H_Nowak), Matt Rosenzweig (@MattRosenzweig) & Jason Moskowitz (@JayMosk25) @The_Nowak_Group - @MarcusMillichap_NY SALE PRICE: $2,630,000 SF: 4,400 ~ PPSF: $597 NOTE FROM @The_Nowak_Group: The property sold vacant for value-add redevelopment. All-cash deal with no buyer contingencies negotiated in spite of a challenging post COVID-19 lockdown marketplace. If you’d like to learn more about how we can achieve similar results for you and your property sale, please call: 👤 Jakub Nowak 📱(718) 475-4353 👤Matt Rosenzweig 📱 (718) 475-4366 👤Jason Moskowitz 📱 (718) 475-4387.

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60 South 4th Street

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