Riney, Shihadeh and Greenblatt of Marcus & Millichap complete $3.55 million sale of 336-338 Starr Street

November 24, 2015 - Front Section
Brooklyn, NY Marcus & Millichap, one of the leading commercial real estate investment services firms with offices throughout the United States and Canada, arranged the sale of 336-338 Starr Street, two 6-unit apartment buildings located in Brooklyn, N.Y., according to John Horowitz, vice president- regional manager of the firm’s Brooklyn office. The asset sold for $3.55 million.
336-338 Starr Street - Brooklyn, NY 336-338 Starr Street - Brooklyn, NY
Shaun Riney, Thomas Shihadeh and Daniel Greenblatt from Marcus & Millichap’s Brooklyn office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was also secured and represented by the team. “The area surrounding the Jefferson Street L train has continued to see the strongest demand for multifamily product and this sale further illustrates the market’s willingness to pay a premium in this particular pocket,” said Greenblatt.
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