Located at 316 McGuinness Blvd in the Greenpoint market, this prime mixed-use building was recently sold in a closed transaction. The property, owned by Luca & Jerry’s Realty Corp and managed by Luca Dipalo, was purchased by Gina Argento and John Ciafone. The deal was facilitated by Matt Fotis from Marcus & Millichap.

Summary of transaction details:

• Property Type: Mixed-use
• Sale Price: $2,100,000
• Square Footage: 5,000
• Price per Square Foot: $420
• Address: 316 McGuinness Blvd, Greenpoint

This transaction involved four free market apartments within the mixed-use building. The property offers a great opportunity for investment in the thriving Greenpoint market. The deal highlights the involvement of key individuals in the real estate industry, such as Luca Dipalo representing the seller, Luca & Jerry’s Realty Corp, and Gina Argento and John Ciafone as the buyers. Matt Fotis of Marcus & Millichap served as the broker, facilitating the transaction. The details of this closed transaction emphasize the strong demand for mixed-use properties in Greenpoint.