Jay Hershowitz Purchases Mixed-Use Property At 556 Driggs Avenue For $4.7M With Capri Jet Realty As Seller's Rep

The property located at 556 Driggs Avenue in the Brooklyn market features a mixed-use asset comprising 4 residential units and 1 commercial unit. The transaction was completed for a total sale price of $4,700,000, with the price per unit standing at $940,000 and a total square footage of 5,000, resulting in a price per square foot of $940.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $4,700,000
• Units: 5
• Price Per Unit: $940,000
• Square Footage: 5,000
• Price Per Square Foot: $940
• Buyer: Jay Hershowitz
• Seller: Richard Sausa
• Seller's Representative: Robert Napolitano & Theo Eastwind - Capri Jet Realty

This transaction involved Jay Hershowitz as the buyer and Richard Sausa as the seller. The deal was represented by Robert Napolitano and Theo Eastwind from Capri Jet Realty, who facilitated the sale of the property noted for its value-add potential as a corner brick mixed-use building in a prime Williamsburg location.