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Brokerage
Posted: January 3, 2024
Marcus & Millichap brokers $3.35 million sale of Brooklyn multifamily property
Brooklyn, NY Marcus & Millichap sold a multifamily apartment building at 923 Bedford Ave. The property sold for $3.35 million.
“This sale represents the continued strengthening demand for free-market buildings in well-located submarkets,” said Daniel Greenblatt. “The buyer has previously sold an apartment building on the Upper West Side, and this marks their first purchase in Brooklyn.”
Greenblatt and Shaun Riney, investment specialists in Marcus & Millichap’s Manhattan office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust. The buyer, Eyny family, was also procured by Greenblatt and Riney.
Built in 1901, this four-story, eight-unit apartment building is located in the Bedford-Stuyvesant neighborhood. It comprises studio, one-bedroom, and two-bedroom units. National retailers nearby include Chase Bank, Home Depot, and Walgreens. The Bedford-Nostrand subway station, servicing the G line, is in close proximity.
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