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**Marcus & Millichap Closes $5.5M Sale of Mixed-Income Fort Greene Apartments**
Marcus & Millichap has announced the successful sale of two multifamily buildings in Brooklyn’s historic Fort Greene neighborhood. The properties, comprising a total of 16 residential units, were sold 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 in the transaction, collaborating with Mavashev and Normatov of Alpha Realty.
Constructed in 1930, the two four-story walk-up buildings are located at 104 and 112 Fort Greene Place. Together, they span 7,613 square feet and feature a unit mix of six rent-stabilized and 10 free-market apartments.
The properties are conveniently located near the G train at Fulton Street and the Atlantic Terminal transit hub, which offers access to nine subway lines and the Long Island Rail Road, enhancing connectivity for tenants.
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