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149 Franklin Street
SOLD

DAX Real Estate Acquires Mixed-use Property At 149 Franklin Street In Greenpoint, Brooklyn For $4.85M

149 Franklin Street

Mixed-use
6,970 SF
clock iconSold 1 year ago
Michael (Mike) Salvatico
Shaun Riney
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Summary

Sale
NEW YORK
Mixed-use
6,970 sqft

A mixed-use property located at 149 Franklin Street in Greenpoint, Brooklyn has been sold. The property consists of 7 units with a total square footage of 6,970. The sale price for the property was $4,850,000, resulting in a price per unit of $692,857 and a price per square foot of $696.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $4,850,000
  • Units: 7
  • Price Per Unit: $692,857
  • Square Footage: 6,970
  • Price Per Square Foot: $696

The buyers of the property were DAX Real Estate, represented by Daniel Hedaya and Maxwell Seibald. The sellers of the property were the Stasiuk Family. The deal was facilitated by brokers Shaun Riney and Mike Salvatico from NewYorkMultifamily at MarcusMillichap_NY.

According to the broker's note, the property was 100% free market with retail space that was delivered vacant. The building was developed in the mid-2000s and is in very good condition. For similar inventory in North Brooklyn, interested parties can reach out directly to the broker's team.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Michael (Mike) Salvatico's profile picture
Michael (Mike) Salvatico
Marcus & Millichap-image
Real Estate Broker
$603M Sold

Details

Deal Summary
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SOLD
IMAGE: Mike Salvatico, Shaun Riney, Maxwell Seibald, Daniel Hedaya DATE: 01/27/2021 ADDRESS: 149 Franklin Street MARKET: Greenpoint, Brooklyn ASSET TYPE: Mixed-use BUYER: DAX Real Estate - Daniel Hedaya, Maxwell Seibald SELLER: The Stasiuk Family BROKERS: Shaun Riney & Mike Salvatico @NewYorkMultifamily @MarcusMillichap_NY PRICE: $4,850,000 UNITS: 7 ~ PPU: $692,857 SF: 6,970 ~ PPSF: $696 NOTE FROM BROKER: Property was 100% free market with retail delivered vacant. Building was developed in the mid 2000’s and in very good condition. Please reach out directly to our team for similar inventory in North Brooklyn.

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Address149 Franklin Street

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