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Chesky Landau Acquires Mixed-Use Property In East Williamsburg For $4.5M

Property Image
SOLD
$4,500,000
Shaun Riney

New York

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Mixed-use12,936 SF
Sold 05/26/2020
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Property Image
SOLD

Chesky Landau Acquires Mixed-Use Property In East Williamsburg For $4.5M

95-101 Varet Street, Brooklyn, NY, USA

See Similar Deals
Mixed-use12,936 SF
Sold 05/26/2020
Shaun Riney
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$347
Total Square Footage:12,936 SF
Transaction Type:Sale

The mixed-use property located at 95-101 Varet Street in East Williamsburg has been sold for a price of $4,500,000. The transaction took place on May 26, 2021. The property spans an area of 12,936 square feet and has 10 units, resulting in a price per unit (PPU) of $450,000. The price per square foot (PPSF) for the property is $348. The buyer of the property is Chesky Landau, while the seller is Danny DiMartino. The deal was facilitated by brokers Shaun Riney and Michael Salvatico from NewYorkMultifamily and MarcusMillichap_NY.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $4,500,000
  • Address: 95-101 Varet Street
  • Market: East Williamsburg
  • Units: 10
  • Price per Unit (PPU): $450,000
  • Total Square Footage: 12,936
  • Price per Square Foot (PPSF): $348

Shaun Riney and Michael Salvatico, representing NewYorkMultifamily and MarcusMillichap_NY respectively, played a crucial role in the sale of this property. Their expertise and negotiation skills contributed to the successful completion of the transaction.

Players

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

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

Details

SOLD
IMAGE: Shaun Riney & Michael Salvatico DATE: 05/26/2021 ADDRESS: 95-101 Varet Street MARKET: East Williamsburg ASSET TYPE: Mixed-use BUYER: Chesky Landau SELLER: Danny DiMartino BROKERS: Shaun Riney & Michael Salvatico @NewYorkMultifamily @MarcusMillichap_NY SALE PRICE: $4,500,000 UNITS: 10 ~ PPU: $450,000 SF: 12,936 ~ PPSF: $348

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