Wang Family Acquires Mixed-Use Building From Rodriguez Family In Williamsburg For $2.95M

The mixed-use building located at 321 Grand Street in Williamsburg, Brooklyn, features one commercial unit and two residential units. The total sale price of the property was $2,950,000, with a price per unit of $983,333. The building encompasses a total square footage of 3,162, resulting in a price per square foot of $932.

Summary of transaction details:

• Property Type: Mixed-use (1 Commercial & 2 Residential)
• Transaction Amount: $2,950,000
• Buyer: Wang Family
• Seller: Rodriguez Family
• Units: 3
• Square Footage: 3,162
• Price per Unit: $983,333
• Price per Square Foot: $932
• Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes & Thomas Ventura - Investment Property Realty Group

This transaction involved the Wang Family purchasing the property from the Rodriguez Family, facilitated by a team of brokers from Investment Property Realty Group. The property was noted as a vacant, free-market mixed-use building, illustrating its potential in a prime location in Williamsburg.