170 North 5 Street

Owner: Madison International Realty

Acquired: January 03, 2020, $11.2 million

Built: 2006

Renovated: 2006

SF: 14,504

Dwelling units: 16

No. of buildings: 2

Class: Over Six Families Without Stores (C1)

Floors: 4

Transactions:

• Urban American Management sold 170 North 5th Street, Williamsburg, Brooklyn for $11.2 million to Madison International Realty on January 03, 2020.

Development:

• Jonathon Wachtel filed plans for alteration in Williamsburg, Brooklyn, on February 07, 2008.

• Jonathon Wachtel filed plans for A3 in Williamsburg, Brooklyn, on February 06, 2008.

• John Carretta filed plans for A3 in Williamsburg, Brooklyn, on September 24, 2008.

• Jonathan Wachtel filed plans for A3 in Williamsburg, Brooklyn, on December 14, 2009.

• Philip Eisenberg filed plans for SI in Williamsburg, Brooklyn, on May 24, 2012.

Violations:

According to city public data, the properties have received $400 in OATH penalties in the last year.

Latest Stories:

• Madison International Realty, Urban American borrow $142M from MetLife for portion of joint multifamily portfolio (January 31, 2020)

• Madison International Realty pays $27.2M to Urban American as part of larger multifamily acquisition (January 06, 2020)