Fotis Group at Marcus & Millichap closes five deals totaling $22.45 million

 

 

 

New York, NY The Fotis Group at Marcus & Millichap closed five sales totaling $22.45 million:

• 4502 Queens Blvd., a vacant development site on the corner of Queens Blvd. and 45^th St. sold for $11 million. Matt Fotis of The Fotis Group at Marcus & Millichap represented the seller and buyer.
• 1302 Avenue K, a four-story walk-up apartment building located on the corner of East 13^th St. and Avenue K in the Midwood area of Brooklyn sold for $4.2 million. The 36,000 s/f building is comprised of 36 rent-stabilized apartments. Fotis and Zachary Cohen of The Fotis Group at Marcus & Millichap represented the seller and buyer.
• 209 21^st St., a four-story walk-up apartment building in Greenwood Heights, Brooklyn sold for $3.025 million. The building spans 6,400 s/f and contains eight apartments, of which six are renovated and free market. The building features a new intercom system and updated building mechanics. Fotis and Chase Midgley of The Fotis Group at Marcus & Millichap represented the seller and buyer.
• 441 3^rd Ave., a four-story walkup mixed-use building located on the corner of 3^rd Ave. and 8^th St. in the Gowanus section of Brooklyn sold for $2.8 million. This property features one ground floor retail space, five free-market apartments, and a rear garage with curb cut. The building contains 5,070 s/f. Fotis and Midgley represented the seller and buyer.
• 4732 48^th St., a fully detached three-story multifamily building sold for $1.425 million. The building spans 4,380 s/f and contains six rent-regulated apartments. Fotis represented the seller and buyer.