62 3rd Street

62 3rd Street is a mixed-use property located in the Brooklyn market, specifically in Carroll Gardens. The asset features a historic townhouse and a separate carriage house, encompassing a total of 5,175 square feet. The sale transaction concluded at a price of $3,400,000, with the property having three units, translating to a price per unit of $1,133,333 and a price per square foot of $657.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,400,000
• Buyer: James Grasso & Sy Elyakim
• Seller: Hugo Figueroa
• Buyer's Representative: Rezwan Sharif - Compass
• Seller's Representative: Paul Murphy - Compass
• Units: 3
• Square Footage: 5,175
• Price Per Unit: $1,133,333
• Price Per Square Foot: $657

Paul Murphy represented the seller, Hugo Figueroa, while Rezwan Sharif represented the buyer, James Grasso and Sy Elyakim, in this lengthy acquisition process that took over three years to finalize. The buyer, Cohabs, aims to expand its community-focused co-living model in Brooklyn and beyond, actively seeking properties in several neighborhoods, including Williamsburg and Gowanus. Interested parties are encouraged to reach out to them directly.