Greystar Real Estate Partners has sold 247N7, a 169-unit, 151,766-square-foot, two-building multi-housing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn, N.Y.
HUBB NYC paid $116 million for the asset.
Constructed in 2015, the seven-story property features 50 studios, 91 one-bedroom units and 28 two-bedroom units with stainless-steel appliances, dishwashers, chef-inspired kitchens, and in-unit washers and dryers. The building offers best-in-class amenities such as an indoor parking garage with valet service, a 24-hour doorman, a state-of-the-art fitness center, a 13,000-square-foot courtyard and two rooftop terraces.
Situated between North 8th Street and North 7th Street, the property is conveniently located at the center of Williamsburg, Brooklyn’s leading live-work-play neighborhood. The building offers convenient access to Manhattan with the L train Bedford Avenue stop located two blocks away and providing a 10-minute commu
