PEAK Capital Acquires Mixed-use Property On Greenpoint Avenue For $3.67M

A mixed-use property located at 131 Greenpoint Avenue in Greenpoint has been sold. The property, with a total area of 6,500 square feet, was purchased by PEAK Capital, represented by Alex Rabin and David Gomez, for a total sale price of $3,675,000. The seller of the property was Anthony Wala. The buyer was represented by Eli Sporn and Justin Conway of Besen Partners.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $3,675,000
• Address: 131 Greenpoint Avenue
• Market: Greenpoint
• Buyer: PEAK Capital - Alex Rabin & David Gomez
• Seller: Anthony Wala
• Brokers: Eli Sporn & Justin Conway - Besen Partners
• Square Footage: 6,500
• Price per Square Foot: $565

This off-market purchase from long-term ownership involved the delivery of 5 out of 6 units vacant at closing. Additionally, there is a stabilized long-term retail lease in place for the property. PEAK Capital, with their new capital sources, is actively seeking new opportunities and can close on deals quickly and efficiently. They encourage interested parties to send offerings to [email protected].

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