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Brokerage
Posted: May 1, 2018
Pliskin Realty & Development buys Brooklyn multifamily for $5.15 million–Kook of Marcus & Millichap is broker, financing by New York Community Bank
Brooklyn, NY Pliskin Realty & Development purchased a four-story, multifamily building at 5 MacDonough St. in the Bedford-Stuyvesant neighborhood. The purchase price was $5.15 million.
The low-rise, walk-up property was built in 1900 and retains much of the Victorian design and structural features of the era. It includes nine three-bedroom units, all free market. The units feature hardwood floors and modern updates. With its close proximately to the local Nostrand A and C trains, as well as local mom and pop shops, restaurants and grocers, the property has been a popular residence for decades.
The property sale was brokered by Michael Kook of Marcus & Millichap. Financing was arranged by New York Community Bank.
Pliskin Realty & Development is one of the leading real estate brokerage, property management and investment firms in the New York-Metropolitan region specializing in retail real estate. Pliskin’s geographic concentration is on Long Island and the five boroughs of New York City. Pliskin also manages over 1,500,000 s/f of properties in the NY area and nationally for investors.
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