The Berkley Update 05/02/22

North Williamsburg Apartment Building Acquired for $70.77M

A 7-story residential building, located at 233 North 8th Street in North Williamsburg, Brooklyn has just been sold for $70.77 million. Known as "The Berkley", the structure was purchased by from the previous owner, , in a deal brokered by JLL.

The Berkley contains apartments, available in studio, one, and two-bedroom configurations. While a majority of these units are market rate, approximately 20% are designated as affordable housing. 

Originally constructed in 2014, the building totals square feet. Tenant amenities include a two-story fitness center, a storage area, an enclosed parking garage, and a roof deck.

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