A multifamily building at 2869 West 17th St., located between Neptune and Mermaid Aves. in Coney Island, was sold in an all cash transaction valued at $580,000. The three-story building is 4,500 s/f and sits on a 20' x 119' lot. The building consists of two three-bedroom units, three two-bedroom units and one single-bedroom unit. Massey Knakal director of sales Brian Hanson exclusively handled this transaction.
"The buyer is a local investor with experience in renovation and property management," said Hanson.
Massey Knakal specializes in the sale of investment and user properties in the New York
Metropolitan area. Since 1988, our agents have closed over 4,000 transactions having a market
value in excess of $14 billion.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
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