Baseline Real Estate Advisors sells 8 units at 117 North 4th St. for $9.75 million

October 31, 2023 - Brokerage

Brooklyn, NY Michael Sherman, founder of Baseline Real Estate Advisors, brokered the sale of 117 North 4^th St. in Williamsburg for $9.75 million. The property is a newly renovated eight unit apartment building.

The sale price equates to $1,500 per s/f and $1,218,750 per unit. The deal closed on Sept. 13^th. Sherman represented both sides of the transaction.

“We were pleased to find an active purchaser who was looking to add a luxurious turnkey asset to his portfolio in one of the most sought-after neighborhoods in Brooklyn” said Sherman.

The property is located across the street from Whole Foods on North 4^th St., between Bedford Ave. and Berry St.