David Li Purchases Mixed-use Property At 281 Third Avenue Brooklyn For $1.725M

The property involved in this transaction is a mixed-use asset located at 281 Third Avenue in Brooklyn. The asset comprises 1 commercial unit and 2 residential units. It was sold for a total price of $1,725,000, with the property spanning 2,531 square feet, resulting in a price per square foot of $681. The price per unit for the three units is $575,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,725,000
• Units: 3
• Price per Unit: $575,000
• Square Footage: 2,531
• Price per Square Foot: $681
• Buyer: David Li
• Seller: Geraldine Viggiano
• Brokers: Remi Norris, Matthew (Matt) Cosentino & Daniel Chung - Terra CRG
• Date of Transaction: 12/22/2025

The transaction features buyer David Li and seller Geraldine Viggiano, who were represented by brokers Remi Norris, Matthew Cosentino, and Daniel Chung from Terra CRG. This representation played a crucial role in facilitating the sale of the mixed-use property.