Harrison Gilbard-Balisky pays $3.225M for 4-family and garage in Williamsburg

Harrison Gilbard-Balisky paid $3.225 million to Wilfredo Correa for a four-family walkup and an adjacent garage, in Williamsburg, Brooklyn, in two transactions.

In the first, Harrison Gilbard-Balisky through the entity Har N Lar LLC paid $2.2 million to Wilfredo Correa through the entity Burgh Associates LLC for the four-unit building (C3) at 307 South 4th Street in Williamsburg, Brooklyn. The expected use is cash flowing.
The deal closed on December 2, 2025 and was recorded on December 17, 2025. The property has 2,560 square feet of built space and 897 square feet of additional air rights for a total buildable of 3,462 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $876 and the price per buildable square foot is $648 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on October 27, 2004, for $328,000.

In the second, Harrison Gilbard-Balisky through the entity Har N Lar LLC paid $1 million to Wilfredo Correa through the entity Burgh Associates LLC for the industrial building (G0) at 305 South 4th Street in Williamsburg, Brooklyn. The expected use is cash flowing.
The deal closed on December 2, 2025 and was recorded on December 17, 2025. The property has 1,425 square feet of built space and 2,037 square feet of additional air rights for a total buildable of 3,462 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $687 and the price per buildable square foot is $283 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on October 27, 2004, for $214,000.

The signatory for Wilfredo Correa was Wilfredo Correa. The signatory for Harrison Gilbard-Balisky was Harrison Gilbard-Balisky. The contract date was August 20, 2025.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Harrison Gilbard-Balisky had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Wilfredo Correa had not purchased any other properties and had not sold any properties over the same time period. The former owners according to the Department of Housing Preservation and Development includes Wilfredo Correa, head officer and Correa Wilfredo, site manager. The business entity is Burgh Associates Llc.

The property

The 1-4 family building with 4 residential units in Williamsburg has 2,560 square feet of built space and 897 square feet of additional air rights for a total buildable of 3,462 square feet according to a PincusCo analysis of city data. The parcel has frontage of 20 feet and is 71 feet deep with a total lot size of 1,425 square feet. The zoning is R6 which allows for up to 2.43 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.3 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of seven of the 11 commercial properties representing 119,798 square feet of the 134,098 square feet. The largest owner is Sholem Kestenbaum, followed by Sam Wasser and then Holliswood Development.
There are no active new building construction projects on this tax block.

The majority, or 91 percent of the 134,098 square feet of built space are walkup buildings, with mixed-use buildings next occupying 5 percent of the space.

Direct link to Acris document. link
Direct link to Acris document. link