PEAK Capital Acquires Mixed-Use Property In Hunters Point For $14.75M

This mixed-use property located at 11-55 45th Ave. in the Hunters Point market was sold for $14,750,000. The asset spans 45,707 square feet, resulting in a price per square foot of $322.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $14,750,000
• Buyer: PEAK Capital - Alex Rabin & David Gomez
• Seller: Dean Kartsonis
• Broker: Jonny Yuran - Newmark
• Square Footage: 45,707
• Price Per Square Foot: $322
• Location: 11-55 45th Ave., Hunters Point
• Date of Sale: 07/07/2022

This acquisition was sourced off-market and is conveniently located within walking distance to John F. Murray Park and just one block from the Court Square Subway. PEAK Capital is actively seeking value-add multi and mixed-use properties in prime neighborhoods of Western Queens, Brooklyn, and Manhattan.