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Mixed-Use Property In Greenpoint, Brooklyn Sold For $4.2M With Seller's Rep Marcus & Millichap

Property Image
SOLD
$4,200,000
Meylin Maldonado
Samuel (Sam) Leppo
+ 4

New York

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Mixed-use4,955 SF
Sold 05/15/2022
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Property Image
SOLD

Mixed-Use Property In Greenpoint, Brooklyn Sold For $4.2M With Seller's Rep Marcus & Millichap

211 Nassau Avenue, Brooklyn, New York 11222, United States

See Similar Deals
Mixed-use4,955 SF
Sold 05/15/2022
Meylin Maldonado
Samuel (Sam) Leppo
+ 4
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$847
Total Square Footage:4,955 SF
Transaction Type:Sale

Located at 211 Nassau Ave. in Greenpoint, Brooklyn, this mixed-use property was recently sold in a transaction facilitated by real estate company Marcus & Millichap. The property spans a total area of 4,955 square feet. The transaction took place on May 15, 2022, with a sale price of $4,200,000, resulting in a price per square foot of $847.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,200,000
  • Square Footage: 4,955
  • Address: 211 Nassau Ave., Greenpoint, Brooklyn
  • Market: Greenpoint, Brooklyn

Representing the seller, Klosed Properties, were Steven Kachanian and Adam Hajibai. The buyer's representatives from Compass were Meylin Maldonado and Wendy Nanasi. In addition to Marcus & Millichap, the seller's representatives included Shaun Riney, Michael Salvatico, and Sam Leppo.

It is worth noting that the property was previously purchased in 2015 for $2,200,000. The buyer in this transaction was involved in a 1031 exchange, using the proceeds from the sale of a property in South Florida.

Players

Michael (Mike) Salvatico
173 deals$787M volume(718) 475-4358
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

Samuel (Sam) Leppo
Marcus & Millichap
59 deals$286.6M volume(718) 475-4342
BROKER

Meylin Maldonado
Compass
7 deals$22.7M volume
BROKER

Wendy Nanasi
Compass
3 deals$12.9M volume
BROKER

Adam Hajibai
Klosed Properties
21 deals$76.1M volume
SELLER

Steven Kachanian
Klosed Properties
37 deals$91.9M volume
SELLER

Details

SOLD
IMAGE: Sam Leppo, Steven Kachanian, Shaun Riney, Adam Hajibai & Michael Salvatico DATE: 05/15/2022 ADDRESS: 211 Nassau Ave. MARKET: Greenpoint, Brooklyn ASSET TYPE: Mixed-use SELLER: Klosed Properties (@KlosedProperties) – Steven Kachanian & Adam Hajibai (@AdamHaj) BUYER'S REP: Meylin Maldonado & Wendy Nanasi - Compass SELLER'S REP: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico) & Sam Leppo (@Leppo.CRE) – Marcus & Millichap (@MarcusMillichap_NY) SALE PRICE: $4,200,000 SF: 4,955 ~ PPSF: $847 NOTE FROM BROKERS: Property was purchased in 2015 for $2,200,000. Buyer was in a 1031 exchange from a property they sold in South Florida.

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