Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 533 Bergen Street in Brooklyn, New York. The property sold for $4,125,000.
“This is a deal we have been working on for several years, just waiting for the right buyer at the right time,” said Andrew Bronsteen. “It feels great to deliver for our client and get this done.”
Bronsteen, Shaun Riney, and Jason Farese, investment specialists in Marcus & Millichap’s Manhattan office, had the exclusive listing to market the property on behalf of the seller. The buyer, an individual/personal trust, was also procured by Riney, Bronsteen, and Farese.
Built in 1930, this multifamily apartment building is situated in Prospect Heights. It comprises four stories and eight units, spanning 7,000 square feet. The units consist of a mix of two and three bedrooms. It is located near the Bergen Street subway station, which services the two, three, and four subway lines.
About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. For additional information, please visit www.MarcusMillichap.com.
