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111 Huron Street
SOLD

PEAK Capital Acquires Greenpoint Multifamily Property For $6M

111 Huron Street

MultiFamily
8,400 SF
clock iconSold 1 year ago
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Summary

Sale
NEW YORK
MultiFamily
8,400 sqft

An 8-unit multifamily property located at 111 Huron St. in Greenpoint recently sold for $6,000,000. The sale was completed on 06/14/2022. The buyer, PEAK Capital, was represented by Alex Rabin and David Gomez. The seller was Joseph Hentze. The transaction was facilitated by Ronald Cohen of Besen Partners.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,000,000
  • Address: 111 Huron St.
  • Market: Greenpoint
  • Units: 8
  • Price per Unit (PPU): $750,000
  • Square Footage: 8,400
  • Price per Square Foot (PPSF): $714

The property is situated in a prime location in Greenpoint, just off Franklin Street. It consists of 8 units, all free market, making it an attractive investment opportunity. PEAK Capital, a company actively acquiring value-add multi and mixed-use properties in Western Queens, Brooklyn, and Manhattan, sourced this off-market deal. For any new acquisition opportunities, please contact Alex Rabin at [email protected].

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Ronald (Ron) Cohen's profile picture
Ronald (Ron) Cohen
Besen Partners-image
Chief Sales Officer
$75.5M Sold

Details

Deal Summary
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SOLD
IMAGE: Eli Sporn, Alex Rabin, Justin Conway, David Gomez & Ronald Cohen DATE: 06/14/2022 ADDRESS: 111 Huron St. MARKET: Greenpoint ASSET TYPE: Multifamily BUYER: PEAK Capital - Alex Rabin (@AlexBRabin) & David Gomez (@DavidGomezNYC) SELLER: Joseph Hentze BROKER: Ronald Cohen (@NYC_Building_Showcase) - Besen Partners (@BesenPartners) SALE PRICE: $6,000,000 UNITS: 8 ~ PPU: $750,000 SF: 8,400 ~ PPSF: $714 NOTE FROM BUYER: - Sourced Off Market - 8 Units - 100% Free Market - Prime Greenpoint off Franklin Street Peak is actively acquiring value-add multi & mixed-use properties in prime neighborhoods of Western Queens, Brooklyn & Manhattan. Please email Alex Rabin for any new acquisition opportunities at [email protected]

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Address111 Huron Street

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