facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Mixed Use

/

Sale

/

731 Meeker Avenue

Hershy Silberstein Acquires Mixed-Use Building At 731 Meeker Avenue In Greenpoint For $3M
SOLDMixed-use

Hershy Silberstein Acquires Mixed-Use Building At 731 Meeker Avenue In Greenpoint For $3M

731 Meeker Avenue

$3,000,000

$181/SF

Building Size

16,529 SF

Asset Type

Mixed-use

Closing

Feb 26, 2026

AI

The mixed-use building at 731 Meeker Avenue, located in the Greenpoint neighborhood of Brooklyn, was sold for $3 million. This six-unit asset encompasses 16,529 square feet, resulting in a price per square foot of $181.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,000,000
  • Address: 731 Meeker Avenue
  • Market: Greenpoint, Brooklyn
  • Square Footage: 16,529
  • Price Per Square Foot: $181
  • Buyer: Hershy Silberstein

Hershy Silberstein executed the purchase through 729 Meeker LLC, acquiring the property in a bankruptcy sale linked to Mendel Gold's Chapter 11 case in the Eastern District of New York.

Players

Hershy Silberstein

Buyer

$84.6M

vol

5 deals

Buyer

Brooklyn Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93