News: Brokerage

Nowak and Rosenzweig of Marcus & Millichap sell 320 Van Brunt Street for $1.2 million

Marcus & Millichap arranged the sale of 320 Van Brunt Street, a 3,975 s/f mixed-use property, according to John Horowitz, regional manager of the firm's Brooklyn office. The asset sold for $1.2 million. Jakub Nowak and Matthew Rosenzweig from Marcus & Millichap's Brooklyn office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Nowak and Rosenzweig. "Despite the challenges presented by the condition of this building, we found a vibrant buyer pool looking to put capital to work in the Red Hook neighborhood. From listing-date to contract-date we saw investor interest in Red Hook assets grow exponentially," said Rosensweig.
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