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

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.