385 Union Avenue Sells for $20 Million
Sometimes real estate is just darn weird: City records filed last week show that the building at 385 Union Avenue, in Williamsburg, sold for $20 million. The new development, which is a rental, has some units available, according to StreetEasy. What’s odd about this deal is that the city deed shows the property selling as…
Sometimes real estate is just darn weird: City records filed last week show that the building at 385 Union Avenue, in Williamsburg, sold for $20 million. The new development, which is a rental, has some units available, according to StreetEasy. What’s odd about this deal is that the city deed shows the property selling as “INDUSTRIAL BUILDING,” and a check of Department of Buildings records doesn’t show a certificate of occupancy for residential use. Is this because city records are not up to date, or is something else going on here? Who knows.
385 Union Avenue 25% Rented [Brownstoner] GMAP
without a CO they probably had to get creative with the financing here.
without a CO they probably had to get creative with the financing here.