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Josh Goldberg Acquires Mixed-Use Property In Greenpoint, Brooklyn For $6.6M

Property Image
SOLD
$6,600,000
Shaun Riney
John Barney
+ 1

New York

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Mixed-use885,000 SF
Sold 11/22/2019
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Property Image
SOLD

Josh Goldberg Acquires Mixed-Use Property In Greenpoint, Brooklyn For $6.6M

698 Manhattan Ave, Brooklyn, NY 11222, USA

See Similar Deals
Mixed-use885,000 SF
Sold 11/22/2019
Shaun Riney
John Barney
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$7
Total Square Footage:885,000 SF
Transaction Type:Sale

A mixed-use property located at 698 Manhattan Avenue in the Greenpoint neighborhood of Brooklyn has been sold for a total price of $6,600,000. The property spans 88,500 square feet, translating to a price per square foot of $746. It consists of four units, with an average price per unit of $1,650,000. The transaction involved the following key individuals and companies:

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $6,600,000
  • Square Footage: 88,500
  • Price Per Square Foot: $746
  • Number of Units: 4
  • Price Per Unit: $1,650,000
  • Address: 698 Manhattan Avenue
  • Market: Greenpoint, Brooklyn

The seller of the property was Andy Wojnarowski, while the buyer was Josh Goldberg. The deal was facilitated by brokers Shaun Riney, Mike Salvatico, and John Barney from Marcus & Millichap.

Players

John Barney
21 deals$109.5M volume(212) 256-1795
BROKER

Michael (Mike) Salvatico
Marcus & Millichap
173 deals$787M volume(718) 475-4358
BROKER

Shaun Riney
Marcus & Millichap
355 deals$1.8B volume(718) 475-4369
BROKER

B6 Real Estate Advisors
BROKERAGE

Details

SOLD
IMAGE: Mike Salvatico, Shaun Riney, John Barney DATE: 11/22/2019 ADDRESS: 698 Manhattan Avenue MARKET: Greenpoint, Brooklyn ASSET TYPE: Mixed-use SALE PRICE: $6,600,000 SF: 88,500 PPSF: $746 UNITS: 4 PPU: $1,650,000 SELLER: Andy Wojnarowski BUYER: Josh Goldberg BROKERS: Shaun Riney, Mike Salvatico, John Barney – Marcus & Millichap

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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