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Diana Fiorentino Sells Mixed-Use Property At 210 Franklin Street In Greenpoint For $3.2M

Property Image
SOLD
$3,200,000
Sal Monteverde
Luke Sproviero
+ 3

New York

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Mixed-use4,000 SF
Sold 10/10/2025
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Property Image
SOLD

Diana Fiorentino Sells Mixed-Use Property At 210 Franklin Street In Greenpoint For $3.2M

210 Franklin Avenue

See Similar Deals
Mixed-use4,000 SF
Sold 10/10/2025
Sal Monteverde
Luke Sproviero
+ 3
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$800
Total Square Footage:4,000 SF
Transaction Type:Sale

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:

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

Corey Haynes
62 deals$228M volume(718) 360-1942
BROKER

Derek Bestreich
Investment Property Realty Group (IPRG)
312 deals$1.1B volume(718) 360-8802
BROKER

Donal Flaherty
Investment Property Realty Group (IPRG)
101 deals$367.7M volume(718) 360-8823
BROKER

Luke Sproviero
Investment Property Realty Group (IPRG)
222 deals$848.7M volume
BROKER

Sal Monteverde
Investment Property Realty Group (IPRG)
40 deals$161.2M volume
BROKER

Thomas Ventura
Investment Property Realty Group (IPRG)
40 deals$160.9M volume
BROKER

Investment Property Realty Group (IPRG)
BROKERAGE

Details

SOLD
IMAGE: Derek Bestreich, Luke Sproviero, Donal Flaherty & Sal Monteverde DATE: 10/10/2025 ADDRESS: 210 Franklin Street MARKET: Greenpoint, Brooklyn ASSET TYPE: Mixed-use (2 Apts & 1 Store) SELLER: Diana Fiorentino BROKERS: Derek Bestreich, Luke Sproviero (@LukeSproviero), Donal Flaherty (@DonalFlaherty1), Corey Haynes (@Corey_Haynes), Thomas Ventura (@Tom_Ventura29) & Sal Monteverde (@Monteverde_NYC) - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $3,200,000 UNITS: 3 ~ PPU: $1,066,667 SF: 4,000 ~ PPSF: $800 NOTE FROM BROKER: Our team has three additional buildings under contract that are set to close in the immediate area. If there’s any way we can be of service, please don’t hesitate to reach out!

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$170,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59