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210 Franklin Avenue

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

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:

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

Investment Property Realty Group (IPRG)

Broker

$228M

vol

62 deals

Broker
Donal Flaherty
Verified Badge

Donal Flaherty

Investment Property Realty Group (IPRG)

Broker

$367.7M

vol

101 deals

Broker
Investment Property Realty Group (IPRG)
Investment Property Realty Group (IPRG)Brokerage

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

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