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Brokerage
Posted: August 25, 2026
Marcus & Millichap arranges $16.4 million sale of mixed-use
Brooklyn, NY Marcus & Millichap brokered the sale of 235-237 Kent Ave., two mixed-use buildings in Williamsburg, for $16.4 million.
“We are happy to successfully complete a round trip for our seller, whom we previously sold the property for $12.3 million in 2021 during the pandemic,” said Shaun Riney of Marcus & Millichap in New York City. “The property is turnkey and located on the world-class corridor of Kent Ave. The buyer was completing a 1031 exchange following the sale of a property in downtown Manhattan.”
Riney, Michael Salvatico and Harrison Rich of Marcus & Millichap exclusively marketed the property on behalf of the seller and procured the buyer.
Built in 1954, the buildings total 13,575 s/f and comprise 14 units, including 12 free-market two-bedroom apartments and two ground-floor commercial spaces. The apartments feature private outdoor space, including terraces and balconies, while a top-floor duplex offers skyline views. The commercial space is occupied by a restaurant and Ume Sushi.
The property is one block from the East River waterfront, the Domino Sugar redevelopment, and the Bedford Ave. L subway station.
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