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DAX Real Estate Acquires Mixed-Use Property In Williamsburg For $5.8M

Property Image
SOLD
$5,800,000

New York

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MultiFamily7,042 SF
Sold 06/01/2022
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Property Image
SOLD

DAX Real Estate Acquires Mixed-Use Property In Williamsburg For $5.8M

191 Grand Street, Brooklyn, New York 11211, United States

See Similar Deals
MultiFamily7,042 SF
Sold 06/01/2022
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$823
Total Square Footage:7,042 SF
Transaction Type:Sale

Located at 191 Grand Street in Williamsburg, this mixed-use property was recently sold in a closed transaction. The property consists of 3 residential units and 1 retail condominium, offering a total square footage of 7,039. The sale price for this transaction was $5,800,000, resulting in a price per square foot of $823.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $5,800,000
  • Address: 191 Grand Street
  • Market: Williamsburg
  • Units: 3 (Residential) + 1 (Retail Condo)
  • Square Footage: 7,039
  • Price per Square Foot: $823
  • Buyer: DAX Real Estate
  • Seller: Howard Hershkovich

Daniel Hedaya and Max Seibald represented the buyer, DAX Real Estate, in this transaction. The sale of this property marks a successful deal for both the buyer and the seller, adding another successful transaction to their respective portfolios.

Players

BUYER

4 deals$22.9M volume
SELLER

Details

SOLD
IMAGE: Daniel Hedaya (@DHedaya) & Max Seibald (@MaxSeibald42) DATE: 06/01/2022 ADDRESS: 191 Grand Street MARKET: Williamsburg ASSET TYPE: Mixed-use BUYER: DAX Real Estate SELLER: Howard Hershkovich SALE PRICE: $5,800,000 UNITS: 3 & 1 Retail Condo SF: 7,039 ~ PPSF: $823

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