Diana Fiorentino Sells Mixed-Use Property At 210 Franklin Street In Greenpoint For $3.2M
210 Franklin Avenue
$3,200,000
$800/SF
Building Size
4,000 SF
Asset Type
Mixed-use
Closing
Oct 9, 2025
AI
The property at 210 Franklin Street is a mixed-use asset comprising 2 apartments and 1 store, located in the Greenpoint neighborhood of Brooklyn. This transaction was completed for a total sale price of $3,200,000, with a price per unit of $1,066,667 and a price per square foot of $800 over a total square footage of 4,000.
Summary of transaction details:
- Property Type: Mixed-use (2 Apts & 1 Store)
- Transaction Amount: $3,200,000
- Units: 3
- Price Per Unit: $1,066,667
- Square Footage: 4,000
- Price Per Square Foot: $800
- Seller: Diana Fiorentino
- Broker Representatives: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura & Sal Monteverde - Investment Property Realty Group (IPRG)
The brokers involved in this transaction include a team from Investment Property Realty Group (IPRG) consisting of Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde. They have indicated that they have three additional buildings under contract in the immediate area, offering further opportunities for interested parties.
Players
Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93