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New York Multifamily Brokers Sell Mixed-Use Property In Greenpoint For $6.25M

144 Greenpoint Avenue
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This Mixed-use property located in NY was sold for $6,250,000 over 3 years ago. The brokers of the deal were Bert R. Dweck, Alexander "Alex" Kalb, Samuel (Sam) Leppo, Shaun Riney, and Michael (Mike) Salvatico

144 Greenpoint Avenue in Prime Greenpoint, Brooklyn has been sold in a recent transaction. This mixed-use asset, which includes a 2-story unimproved vacant landmarked commercial building, attracted significant interest during the marketing process. The property was ultimately sold for $6,250,000 on an as-is, non-contingent basis. The transaction had a total square footage of 10,813, resulting in a price per square foot of $578.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $6,250,000
  • Address: 144 Greenpoint Ave.
  • Market: Greenpoint, Brooklyn

The sale of 144 Greenpoint Avenue was facilitated by the brokerage team consisting of Shaun Riney, Michael Salvatico, Sam Leppo, and Alex Kalb from NewYorkMultifamily and MarcusMillichap_NY. Noteworthy individuals involved in the transaction include attorneys Ryan Miller of Kishner, Miller, Hines P.C and buyers counsel Doran Golubtchik of Goldberg Weprin Finkel Goldstein LLP, as well as lender Bert R. Dweck of Hirshmark Capital. Their expertise and professionalism ensured a smooth and timely completion of the deal, which closed within a 45-day TOE period.

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Deals
  • Location
    144 Greenpoint Avenue, Brooklyn, NY, USA144 Greenpoint Avenue, Brooklyn, NY, USA
  • Sale Price
    $6,250,000$6,250,000
    $578 PPSF$578 PPSF
  • Area
    10,813 SF10,813 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    5 Brokers, 1 Agency5 Brokers, 1 Agency

Agents

Bert R. Dweck

Bert R. Dweck

Deals13
Financed$51.8M

Shaun Riney

Shaun Riney

Deals263
Financed$1.4B

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE (Swipe ⏩ for rendering) IMAGE: Sam Leppo, Michael Salvatico, Shaun Riney & Alex Kalb DATE: 07/08/2021 ADDRESS: 144 Greenpoint Ave. MARKET: Greenpoint, Brooklyn ASSET TYPE: Mixed-use BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico), Sam Leppo (@Leppo.CRE) & Alex Kalb @NewYorkMultifamily @MarcusMillichap_NY SALE PRICE: $6,250,000 SF: 10,813 ~ PPSF: $578 NOTE FROM @NewYorkMultifamily: 144 Greenpoint Avenue was a 2 story, unimproved vacant landmarked commercial building in Prime Greenpoint. There were 12+ offers on the property throughout the marketing process. The property was sold on As-Is, non-contingent terms. Please call us for creative solutions to complex projects requiring skilled brokerage teams to execute. We would like to recognize both attorneys, Ryan Miller of Kishner, Miller, Hines P.C and buyers counsel, Doran Golubtchik of Goldberg Weprin Finkel Goldstein LLP, as well as lender, Bert R. Dweck of Hirshmark Capital, for all their help and professionalism facilitating this transaction on time with a 45 day TOE close.

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144 Greenpoint Avenue

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