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David Habif Acquires Mixed-use Building On 57 Jay St In Dumbo For $7.85M

57 Jay Street
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This Mixed-use property located in NY was sold for $7,850,000 over 1 year ago. The brokers of the deal were Daniel (Dan) O'Brien, Caroline Hodes, Maurice Suede, and Dan Soyak

Located in the sought-after neighborhood of Dumbo, this mixed-use property at 57 Jay St. has recently changed hands in a sale transaction. The deal was finalized on July 13, 2022, and the property was sold for a total price of $7,850,000. With a size of 27,448 square feet, the property achieves a price per square foot of $285. The asset offers a versatile space that combines residential and commercial units, catering to a variety of tenants.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $7,850,000
  • Address: 57 Jay St., Dumbo

The buyer in this transaction is David Habif, while the seller is Churchill Real Estate Holdings. The deal was facilitated by the brokerage team from Cushman & Wakefield, including brokers Maurice Suede, Dan O'Brien, Caroline Hodes, and Dan Soyak. These professionals played a crucial role in connecting the buyer and seller and ensuring a successful transaction.

This sale transaction showcases the vibrant real estate market in Dumbo, with its mix of residential and commercial properties. The buyer and seller, along with their respective representatives, have successfully navigated the complexities of the deal, resulting in a mutually beneficial agreement.

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Deals
  • Location
    57 Jay Street57 Jay Street
  • Sale Price
    $7,850,000$7,850,000
    $286 PPSF$286 PPSF
  • Area
    27,448 SF27,448 SF
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Maurice Suede

Maurice Suede

Deals22
Financed$315.7M

Daniel (Dan) O'Brien

Daniel (Dan) O'Brien

Deals82
Financed$2.4B

Caroline Hodes

Caroline Hodes

Deals48
Sold$868.9M

Agencies

Newmark

Newmark

Agency
Deals3891
Volume$397.4B

Cushman & Wakefield

Cushman & Wakefield

Agency
Deals4186
Volume$167B

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Deal Summary

SALE IMAGE: Maurice Suede, Dan O'Brien, David Habif, Caroline Hodes & Dan Soyak DATE: 07/13/2022 ADDRESS: 57 Jay St. MARKET: Dumbo ASSET TYPE: Mixed-use BUYER: David Habif (@David_Habif) SELLER: Churchill Real Estate Holdings BROKERS: Dan O'Brien, Caroline Hodes (@CarolineHodes), Maurice Suede & Dan Soyak (@DanSoyak) - Cushman & Wakefield (@CushWake) SALE PRICE: $7,850,000 SF: 27,448 ~ PPSF: $285

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57 Jay Street

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