Investment Property Realty Group Acquires Greenpoint Multifamily For $5.81M

The multifamily property located at 143 Noble Street in Greenpoint has been sold in a closed transaction. The property consists of four units and spans across 5,400 square feet. The sale price for this transaction was $5,810,000, resulting in a price per unit of $1,452,500 and a price per square foot of $1,076.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,810,000
• Units: 4
• Price Per Unit: $1,452,500
• Square Footage: 5,400
• Price Per Square Foot: $1,076
• Address: 143 Noble Street
• Market: Greenpoint

The buyer in this transaction was represented by David Chang from Compass. The seller's representatives were Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, and Thomas Ventura from Investment Property Realty Group (IPRG). It is worth noting that Davean Holdings purchased the building for $2,850,000 in 2021.