DAX Real Estate Acquires Mixed-Use Property In Greenpoint, Brooklyn For $3.7M

The mixed-use property located at 136 Franklin St. in Greenpoint, Brooklyn has been sold for a price of $3,725,000. The property spans 4,215 square feet, resulting in a price per square foot of $883. The transaction took place on May 11, 2022 and involved DAX Real Estate, represented by Daniel Hedaya and Max Seibald, as the buyer. The seller was the Kucharski Family. The brokers involved in the deal were Shaun Riney, Michael Salvatico, and Sam Leppo, who represented DAX Real Estate in the transaction.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,725,000
• Address: 136 Franklin St., Greenpoint, Brooklyn
• Square Footage: 4,215
• Price per Square Foot: $883

The property, which was mostly vacant upon delivery, is situated in one of the best retail and residential locations in Brooklyn. Additionally, it includes additional air rights, adding further value to the asset.