Joel Schwartz inks contract to buy W’burg garage

Joel Schwartz through the entity 168 North 10 St LLC signed a memorandum of contract with Joanna Sidibe for 1 parcel, including the tax class one-story, fireproof or semi-fireproof, garage (G2) at 168 North 10th Street in Williamsburg. The memorandum was signed on June 12, 2020 and was recorded on June 24, 2020.
The property contains a total of 2,935 square feet of built space. The property has 8,407 square feet of available development rights.
Schwartz is an active investor focused on Brooklyn. The closing is expected on or before September 22, 2020.

Over the past five years, there have been 3 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 major renovation applications including a certificate of occupancy change (A1) filed with a total estimated value of $200. There has been one demolition project filed for the parcels over the past five years.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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