Pei-Hung Liao, Howard paid $3M to Sheeran, Gillian

Pei-Hung Liao, Howard paid Sheeran, Gillian $3.3 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) at 56 South 3Rd Street in Williamsburg. The deal closed on June 28, 2019 and was recorded on July 23, 2019. The parcel(s) have total development potential of 2,403 square feet.
The average sale price per square foot is $1,369.
The estimated cap rate is 2.7%
The last time the property sold was November 08, 2013, for $2,265,606.

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Direct link to the city’s interactive property map, ZOLA. link

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