East W’burg Project Sells For $19.4 Mil, Starts Renting


    On the last day of the year, perhaps with tax consequences playing a part, the 49-unit rental building at 76 Meserole Street in East Williamsburg changed hands for $19,400,000. The Karl Fischer-designed project began life back in 2006 but clearly got bogged down during the financial crisis, restarting again in 2010. According to StreetEasy, units at what is being called 80 Meserole have been on the market since early December for a February 1 move-in date. Asking rents range from $2,378 for a 690-square-foot one-bedroom to $4,540 for a 1,595-square-foot five-bedroom. GMAP

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