Sale of Williamsburg 169-Unit Multifamily Building Fetches $116M

South Carolina-based Greystar Real Estate Partners has sold the 169-unit multifamily property located at 247 North 7th Street in Williamsburg, Brooklyn that the developer built in 2015. The sale to HUBB NYC for just over $116 million, or $686,391 per unit, marks the most expensive Williamsburg transaction for an apartment building in 2-years amid swelling demand for multifamily investments.