79 4th Avenue

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Price: $950,000

Building Size: 5,672 Square Feet

Property Type: Mixed-use

Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206
Matthew(dotted)Fotis(at)marcusmillichap(dotted)com

INVESTMENT OVERVIEW:

In the summer of 2011, we were hired exclusively to market one mixed-use property at 79 4^th located on the South East corner of St. Marks’s Place and 4^th Avenue in the Park Slope section of Brooklyn, NY. The building was composed of 7 rent stabilized apartments and 1 retail-unit. We were able to generate 14 competitive offers in writing. Ultimately, we sold the property to the developer who purchased the adjacent/surrounding properties so that they could have control of the building during their development process.

Filed under: Recent Sales - Brooklyn by Rosemarie Melville
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