Acquisition · Williamsburg
60 North First Street trades for $15.6M
- Amount
- $15.6M
- Type
- Acquisition
- Date
- Sept. 2026
60 North First Street, Brooklyn, NY
Recorded in NYC property records.
- Buyer
- David Halberstam
- Lender
- S3 Capital
- Seller
- AG Realty LLC
- Buyer: David Halberstam of Flatbush-based Bruklyn Builders, per TerraCRG
- Financing: $13.3 million acquisition loan from S3 Capital, per TerraCRG
- Site: roughly 9,800 square feet, per TerraCRG
- Plan: a new mixed-use project, per the report
- Seller of record: AG Realty LLC, per the recorded deed
Overview
David Halberstam of Flatbush-based Bruklyn Builders has purchased the development site at 60 North First Street in Williamsburg for $15.6 million, according to an announcement from brokerage TerraCRG, as reproduced from Crain's New York Business. City records show the deed, dated Sept. 9, 2026, conveying the property from AG Realty LLC to 60 North 1st LLC.
TerraCRG describes the property as roughly 9,800 square feet. According to the same report, Halberstam plans to build a new mixed-use project on the site.
S3 Capital, led by Shawn Safdie, provided Halberstam with a $13.3 million loan to finance the acquisition, according to the report.
The purchase adds another Williamsburg development site to the portfolio of a builder described as extremely active in Brooklyn, and it was financed largely with private-lender debt covering most of the price.
Parties Involved 4 recorded
Basis
TerraCRG announcement reproduced from Crain's says he purchased the property.
Basis
TerraCRG/Crain's: S3 Capital provided Halberstam a $13.3 million loan to finance the acquisition.
Basis
Named as grantor on the ACRIS deed.
Basis
Announced the sale; its specific side of the deal is not stated in the page.
Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.
Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.
Property & Project
Sources & Recordsverification, citations & data notes
- Prolific Brooklyn builder acquires Williamsburg development site for $15.6M | Crain's — TerraCRG (reproducing Crain's New York Business)
- ACRIS deed, 60 North First Street — NYC Department of Finance (ACRIS)