Michael Weitzman Of Double U Realty Purchases Office/Retail Asset In Greenpoint For $6.2M

The property asset involved in the transaction is an office/retail space located at 896 Manhattan Avenue, Greenpoint, Brooklyn. The sale transaction concluded at a price of $6,200,000, comprising a total of 9 units. The asset encompasses 12,288 square feet, yielding a price per unit of $688,888 and a price per square foot of $504.

Summary of transaction details:

• Property Type: Office/Retail
• Transaction Amount: $6,200,000
• Units: 9
• Price Per Unit: $688,888
• Square Footage: 12,288
• Price Per Square Foot: $504
• Buyer: Michael Weitzman – Double U Realty
• Seller: Sean Pasman
• Brokers: Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura & Sal Monteverde - Investment Property Realty Group (IPRG)

The deal was represented by a team of brokers from Investment Property Realty Group (IPRG), featuring Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde. This representation highlights the collaborative effort involved in facilitating the closing of this transaction.