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625 Driggs Avenue
SOLD

GDC Properties Acquires Mixed-Use Property In Williamsburg, Brooklyn For $21.35M

625 Driggs Avenue

Mixed-use
17,656 SF
clock iconSold 1 year ago
Loren Valla
Daniel (Dan) O'Brien
Adam Spies
+ 3
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Summary

Sale
NEW YORK
Mixed-use
17,656 sqft

A mixed-use property located at 625 Driggs Ave. in Williamsburg, Brooklyn, was recently sold for a total price of $21,350,000. The property spans 17,656 square feet and was sold at a price of $1,209 per square foot.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $21,350,000
  • Square Footage: 17,656
  • Sale Price per Square Foot: $1,209
  • Address: 625 Driggs Ave., Williamsburg, Brooklyn
  • Market: Williamsburg, Brooklyn

The buyer of the property is GDC Properties, while the seller is Mavik Capital. The sale was facilitated by Daniel O'Brien, Adam Spies, Adam Doneger, Caroline Hodes, and Loren Valla from Cushman & Wakefield.

Players

  • All

    7

  • Agents

    5

  • Agencies

    2

Loren Valla's profile picture
Loren Valla
Cushman & Wakefield-image
Senior Associate
$107.8M Sold
Caroline Hodes's profile picture

Details

Deal Summary
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SOLD
IMAGE: Daniel O'Brien, Adam Spies, Adam Doneger, Caroline Hodes & Loren Valla DATE: 09/16/2022 ADDRESS: 625 Driggs Ave. MARKET: Williamsburg, Brooklyn ASSET TYPE: Mixed-use BUYER: GDC Properties SELLER: Mavik Capital (@MavikCapital) BROKERS: Daniel O'Brien, Adam Spies, Adam Doneger (@ADoneger), Caroline Hodes (@CarolineHodes) & Loren Valla (@Loren.Valla) - Cushman & Wakefield (@CushWake) (@KingsAndQueensCapitalMarkets) SALE PRICE: $21,350,000 SF: 17,656 ~ PPSF: $1,209

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Address625 Driggs Avenue

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