The Kuna Family Acquires Multifamily Property In Greenpoint, Brooklyn For $1.015M

The multifamily property located at 157 Dupont Street in Greenpoint, Brooklyn has been sold. The property consists of 6 units with a total square footage of 4,422. The sale price for this transaction was $1,015,000, resulting in a price per unit of $169,166 and a price per square foot of $229. The cap rate for the property is 3.6%. The buyer of the property was The Kuna Family, while the seller was The Wozniak Family. The brokers involved in the transaction were Shaun Riney, Mike Salvatico, and Sam Leppo, representing Marcus & Millichap.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,015,000
• Units: 6
• Price per Unit: $169,166
• Square Footage: 4,422
• Price per Square Foot: $229

This transaction involved the collaboration of notable individuals and companies. Shaun Riney, Mike Salvatico, and Sam Leppo from Marcus & Millichap acted as the brokers in the deal, representing their respective clients. It is worth noting that 5 out of the 6 units in the property were rent-stabilized. For more properties with similar features and pricing, interested parties can reach out to the listing team.