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Marcus & Millichap Sells Mixed-Use Property In Williamsburg For $10.6M

233 South 1st Street
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This Mixed-use property located in NY was sold for $10,600,000 over 2 years ago. The brokers of the deal were Samuel (Sam) Leppo, Shaun Riney, and Michael (Mike) Salvatico

The mixed-use property located at 233 South 1st Street in Williamsburg has been sold for a total of $10,600,000. The property includes 8 units with an average price per unit of $1,325,000. The total square footage of the property is 14,016, resulting in a price per square foot of $756. The sale was completed on November 5, 2021.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $10,600,000

The seller of the property is The Solomon Family. The transaction was facilitated by Shaun Riney, Mike Salvatico, and Sam Leppo of Marcus & Millichap. They acted as the brokers representing the seller in the deal.

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Deals
  • Location
    233 South 1st Street, Brooklyn, NY 11211, USA233 South 1st Street, Brooklyn, NY 11211, USA
  • Sale Price
    $10,600,000$10,600,000
    $756 PPSF$756 PPSF
  • Area
    14,016 SF14,016 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Samuel (Sam) Leppo

Samuel (Sam) Leppo

Deals55
Financed$266.4M

Shaun Riney

Shaun Riney

Deals263
Financed$1.4B

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Sam Leppo, Shaun Riney & Mike Salvatico DATE: 11/05/2021 ADDRESS: 233 South 1st Street MARKET: Williamsburg ASSET TYPE: Mixed-use SELLER: The Solomon Family BROKERS: Shaun Riney (@ShaunRiney1), Mike Salvatico (@MikeSalvatico) & Sam Leppo (@Leppo.CRE) - Marcus & Millichap SALE PRICE: $10,600,000 UNITS: 8 ~ PPU: $1,325,000 SF: 14,016 ~ PPSF: $756

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233 South 1st Street

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