Premium Retail Storefront In Greenpoint Brooklyn
SIP Broker(s): Aaron Etessami
Transactions: 765 Manhattan Ave, Greenpoint, Brooklyn. Seller was Crown Acquisitions, a very large NYC company with large holdings such as 650 Madison Ave, 450 Park Ave, the St Regis Hotel, and Olympic Tower on 51st and 5th Ave. A private family purchased the property as part of their 1031 exchange. Shortly after the purchase, the property was leased to TD Bank.
Silber negotiated a transaction price of $8,500,000.