Cushman & Wakefield Facilitates $3.25M Sale Of Multifamily Property In Greenpoint

In a recent closed property transaction in the Greenpoint market, a multifamily asset located at 52 Monitor Street was sold. The property consists of 8 units with a total square footage of 6,875. The sale price for this transaction was $3,250,000, resulting in a price per unit of $406,250 and a price per square foot of $473.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,250,000
• Address: 52 Monitor Street
• Market: Greenpoint

The buyer in this transaction was Phil Miller, while the seller was Maverick Real Estate. The deal was facilitated by the brokers Daniel O'Brien, Ian Brooks, Caroline Hodes, and Michael Kolbus from Cushman & Wakefield.