DAX Real Estate Acquires Multifamily Property In Greenpoint With Daniel Hedaya & Max Seibald

A multifamily property located at 57 Java Street in Greenpoint has been sold. The transaction took place on December 29, 2021. The property consists of 2 units and has a total square footage of 2,820. The sale price for the property was $2,075,000, resulting in a price per unit of $1,037,500. The price per square foot was $735, and the building square footage was 5,000, resulting in a price per building square foot of $415.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,075,000
• Units: 2
• Price per Unit: $1,037,500
• Total Square Footage: 2,820
• Price per Square Foot: $735
• Building Square Footage: 5,000
• Price per Building Square Foot: $415

The buyer of the property was DAX Real Estate, represented by Daniel Hedaya and Max Seibald. Andrew Bulger served as the seller in the transaction. The brokers involved in the deal were Ryan Perkoski and Henry Grass from RPR Ventures.