Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of two multifamily buildings totaling 16 units in the Fort Greene neighborhood of Brooklyn, New York.
“Fort Greene is a beautiful, historic area and these buildings are a reflection of the neighborhood,” said Andrew Bronsteen of Marcus & Millichap’s NYM Group in Manhattan. “It was great working with Lev Mavashev and Ben Normatov of Alpha Realty on getting this done. They made our job easy.” Bronsteen and Shaun Riney represented the buyer, working with Lev Mavashev and Ben Normatov of Alpha Realty on the transaction.
Built in 1930, the four-story walk-up buildings are located at 104 and 112 Fort Greene Place. Together, they comprise 7,613 square feet with a mix of six rent-stabilized and 10 free-market apartments.
The properties are steps from the G train at Fulton Street and near the Atlantic Terminal transit hub, which provides access to nine subway lines and the Long Island Rail Road. The Brooklyn Academy of Music, Pratt Institute, Long Island University, Barclays Center and Fort Greene Park are also nearby.
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of December 31, 2023, the Company had 1,783 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The Company also offers market research, consulting and advisory services to our clients. Marcus & Millichap closed 7,546 transactions in 2023, with a sales volume of approximately $43.6 billion.