Light Grove Capital Acquires Multifamily Property In Greenpoint For $2.8M

The multifamily property located at 158 Noble St in Greenpoint has been sold in a transaction facilitated by Blackshore Realty Group. The sale, which took place on November 23, 2022, involved Light Grove Capital, represented by Mike Pitman, as the buyer and the Braun Family as the seller.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,775,000
• Address: 158 Noble St
• Market: Greenpoint

The property consists of four units spanning a total area of 3,360 square feet. The per unit price amounts to $693,750, while the price per square foot is $826.

Mike Pitman of Light Grove Capital acted as the buyer in the deal. The seller, the Braun Family, successfully completed the transaction. It is worth noting that the sale was facilitated by Joseph Friedman and Ben Wasserman from Blackshore Realty Group.