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

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. 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.