Partners Path Acquires Mixed Use Property In Greenpoint For $2.8M

A mixed-use property located at 89 Driggs Ave. in Greenpoint has been sold for a price of $2,800,000. The property consists of 6 units with an average price per unit of $466,667. The total square footage is 4,875, resulting in a price per square foot of $574. The sale was completed on June 29, 2022.

Summary of transaction details:

• Property Type: Mixed Use
• Transaction Amount: $2,800,000
• Address: 89 Driggs Ave.
• Market: Greenpoint

The buyer of the property is Partners Path, represented by Alex Lebowitz and Billy Haddad. The seller is the Wenzel Family. On behalf of the buyer, Michael Sherman from Baseline Real Estate Advisors facilitated the transaction, while John Ricco from KW Commercial represented the seller.