The Reel

Follow us:

A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 155 Noble Street, located between Franklin Street and Manhattan Avenue in Brooklyn’s Greenpoint neighborhood, was sold in an all-cash transaction valued at $4,100,000.

The five-story brick building contains approximately 13,238 square feet and sits on a 30’ x 100’ lot.  It consists of two commercial and seven residential units.  The building was the headquarters of the Polish National Alliance in Brooklyn and features exceptional craftsmanship throughout.  It presents tremendous upside, and the sale price equates to approximately $310 per square foot.

“Buildings of this quality are rare in any market and an argument could be made that this is one of the nicest in Greenpoint,” said Massey Knakal’s Mark L. Lively, who exclusively handled this transaction with Brendan Maddigan.  “The former Brooklyn Headquarters of the Polish National Alliance is a landmark which will see some marked improvements over the next few years, as the new owners invest substantially to realize its potential,” Brendan added.

Click here for press release

Neighborhoods: Greenpoint/ Agents: Mark Lively