Marcus & Millichap closed the sale of two multifamily buildings totaling 16 units in the Fort Greene neighborhood of Brooklyn. The assets sold for $5.5 million.
“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 Mavashev and Normatov.
Built in 1930, the four-story walk-up buildings are located at 104 and 112 Fort Greene Pl. Together, they comprise 7,613 square feet with a mix of six rent-stabilized and 10 free-market apartments.
The properties are a short distance 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 post Marcus & Millichap Closes Sale of Mixed-Income Fort Greene Apartments appeared first on Connect CRE.