Jakub Nowak, investment specialist, in Marcus & Millichap's Brooklyn office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Nowak.
"Selling at a final price $300,000 over the asking price, 74 Douglass Street is a perfect example of skyrocketing prices for well-located multi-family assets in Brownstone Brooklyn," said Nowak, "The demand for investment real estate in the area remains strong as buyers seek to lock in deals at today's historically low interest rates."
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