Dash Real Estate Group Acquires Mixed-Use Property In Greenwood Heights, Brooklyn For $1.5M

A four-story brick building located at 705 4th Ave. in Greenwood Heights, Brooklyn has been sold in a transaction facilitated by John Brennan and Matt Dittmeier of Marcus & Millichap. The mixed-use property was purchased by Dash Real Estate Group, represented by Josh Dardashtian, from the Lemily Family. The sale price for the property was $1,500,000, and it spans a total of 3,500 square feet, resulting in a price per square foot of $428. The transaction took place on 06/10/2022.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $1,500,000
• Address: 705 4th Ave., Greenwood Heights, Brooklyn
• Market: Greenwood Heights, Brooklyn

John Brennan and Matt Dittmeier from Marcus & Millichap played a crucial role in brokering the deal. The Brennan Team had a longstanding advisory relationship with the sellers, which spanned over six years, ultimately leading to a smooth and seamless sale. The four-story brick building is situated on 4th Avenue between 22nd and 23rd streets, presenting an opportunity for potential repositioning in the growing neighborhood of Greenwood Heights. For more information on this transaction or to explore exclusive investment opportunities, interested parties can contact John Brennan at 718-475-4373 or Matt Dittmeier at 718-475-4337.