DAX Real Estate Acquires Mixed-Use Property In Williamsburg For $5.8M

Located at 191 Grand Street in Williamsburg, this mixed-use property was recently sold in a closed transaction. The property consists of 3 residential units and 1 retail condominium, offering a total square footage of 7,039. The sale price for this transaction was $5,800,000, resulting in a price per square foot of $823.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $5,800,000
• Address: 191 Grand Street
• Market: Williamsburg
• Units: 3 (Residential) + 1 (Retail Condo)
• Square Footage: 7,039
• Price per Square Foot: $823
• Buyer: DAX Real Estate
• Seller: Howard Hershkovich

Daniel Hedaya and Max Seibald represented the buyer, DAX Real Estate, in this transaction. The sale of this property marks a successful deal for both the buyer and the seller, adding another successful transaction to their respective portfolios.