News: Brokerage

Marcus & Millichap brokers sale of two multifamily buildings

104 and 112 Fort Greene Place - Brooklyn, NY

Brooklyn, NY Marcus & Millichap brokered the sale of two multifamily buildings totaling 16 units in the Fort Greene neighborhood for $5.5 million.

“Fort Greene is a beautiful, historic area and these buildings are a reflection of the neighborhood,” said Andrew Bronsteen of Marcus & Millichap’s NYM Group in Manhattan. “It was great working with Lev Mavashev and Ben Normatov of Alpha Realty on getting this done. They made our job easy.” Bronsteen and Shaun Riney represented the buyer, working with Lev Mavashev and Ben Normatov of Alpha Realty on the transaction.

Built in 1930, the four-story walk-up buildings are located at 104 and 112 Fort Greene Pl. Together, they comprise 7,613 s/f with a mix of six rent-stabilized and 10 free-market apartments.

The properties are near the G train at Fulton St. and near the Atlantic Terminal transit hub, which provides access to nine subway lines and the Long Island Railroad. The Brooklyn Academy of Music, Pratt Institute, Long Island University, Barclays Center and Fort Greene Park are also nearby.

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