111 North 12th Street Update 06/21/24

Williamsburg Hotel Tower Trades for $177M

A 22-story, hotel tower, located at 111 North 12th Street in Brooklyn's Williamsburg neighborhood, has just been sold for $177 million. EOS Hospitality purchased the building in a bankruptcy court-approved sale from the previous owner, All Year Holdings, in a deal brokered by Eastdil Secured and A&G Real Estate Partners.

Built in 2017, the asset contains the luxury, 183-room, William Vale Hotel. In addition to guest rooms, the hotel features a ballroom, a rooftop lounge, an outdoor swimming pool, a conference center, a restaurant, a rooftop bar, and a private dining room.

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