Sylwester Serafin of Pratt Construction pays $5M for commercial property in Greenpoint

Sylwester Serafin of Pratt Construction through the entity 257 Kent Avenue LLC paid Michael and George Huntington’s Asbestolith Manufacturing Corp. $4.7 million for 248 Java Street, 257 Kent Street, 255 Kent Street, Kent Street in Greenpoint. The deal closed on May 5, 2020, and was recorded on May 18, 2020. The transaction consists of 4 parcels, including the tax class light manufacturing building (F5). The parcel(s) have total development potential of 18,250 square feet.
The average sale price per square foot is $255.

The sale went into contract January 17, 2020.

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