A 6-year-old rental property in Williamsburg, one of New York’s priciest neighborhoods, sold for $116.2 million at a time when rents in both the area and the city have surged to record highs.
Sale of Rental Property in Brooklyn’s Williamsburg Comes as Area Rents Surge
Williamsburg Has an Average Market Asking Rent of $3,800 Per Unit, $900 Above New York Average
By Andria Cheng
CoStar News
December 21, 2021 | 11:45 P.M.
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