DAX Real Estate Acquires Mixed-use Property At 149 Franklin Street In Greenpoint, Brooklyn For $4.85M
149 Franklin Street
6,970 SF
Summary
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.
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