PEAK Capital Acquires Greenpoint Multifamily On Eckford St. For $3.3M

Located in Greenpoint, the property at 311 Eckford St. was recently sold in a multifamily transaction. The sale took place on 06/07/2022, with a sale price of $3,300,000. The property consists of 8 units, providing a per unit price of $412,500. With a total area of 6,000 square feet, the price per square foot comes out to be $550. The buyer in this transaction was PEAK Capital represented by Alex Rabin and David Gomez, while the seller was Leszek Decorum. The transaction was facilitated by Danny Duffoo of Douglas Elliman Real Estate.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Units: 8
• Price per Unit: $412,500
• Square Footage: 6,000
• Price per Square Foot: $550
• Date: 06/07/2022
• Market: Greenpoint

The buyer, PEAK Capital, is actively looking for value-add multi and mixed-use properties in prime neighborhoods of Western Queens, Brooklyn, and Manhattan. For any new acquisition opportunities, interested parties can reach out to Alex Rabin at [email protected]. It's worth noting that the building was delivered fully vacant and is conveniently located less than a block away from the G train.