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Toppani Family Sells South Williamsburg Mixed-Use Building For $7.5M

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SOLD
$7,500,000

New York

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Mixed-use13,500 SF
Sold 03/10/2021
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Property Image
SOLD

Toppani Family Sells South Williamsburg Mixed-Use Building For $7.5M

1-7 Dunham Place, Southside, Brooklyn, NY, USA

See Similar Deals
Mixed-use13,500 SF
Sold 03/10/2021
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$555
Total Square Footage:13,500 SF
Transaction Type:Sale

The mixed-use property located at 1-7 Dunham Place in South Williamsburg has been sold for $7,500,000. This transaction took place on March 10, 2021. The property consists of 8 units, with a price per unit of $937,500. The total square footage of the property is 13,500, resulting in a price per square foot of $625. The seller of the property was The Toppani Family.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $7,500,000
  • Units: 8
  • Price per Unit: $937,500
  • Square Footage: 13,500
  • Price per Square Foot: $625
  • Date of Transaction: March 10, 2021

Peter Von Der Ahe, Shaun Riney, and Mike Salvatico from New York Multifamily at Marcus & Millichap represented the seller in this transaction. It is worth noting that this is the 8th mixed-use building in the North Brooklyn neighborhoods that New York Multifamily has either put in contract or closed since January 15, 2021.

Players

Peter Von Der Ahe
110 deals$1.4B volume
BROKER

Shaun Riney
Marcus & Millichap
357 deals$1.8B volume(718) 475-4369
BROKER

Details

SOLD
IMAGE: Peter Von Der Ahe, @ShaunRiney1 & @MikeSalvatico DATE: 03/10/2021 ADDRESS: 1-7 Dunham Place MARKET: South Williamsburg ASSET TYPE: Mixed-use SELLER: The Toppani Family BROKERS: Peter Von Der Ahe, Shaun Riney & @MikeSalvatico - @NewYorkMultifamily @MarcusMillichap_NY SALE PRICE: $7,500,000 UNITS: 8 ~ PPU: $937,500 SF: 13,500 ~ PPSF: $625 NOTE FROM @NewYorkMultifamily: This is the 8th mixed use building in the North Brooklyn neighborhoods (Greenpoint & Williamsburg) that NYM has put in contract or closed since Jan. 15, 2021

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