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

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.