Atlantic Avenue Multifamily On The Market

BROOKLYN—A 5,500-sq.-ft. multifamily investment in downtown Brooklyn, situated on the Atlantic Avenue corridor, is on the market, sale priced at $1.7 million, according to John Horowitz, Regional Manager of Marcus & Millichap Real Estate Investment Trust's Brooklyn office.

Marcus & Millichap Associate Matt Rosenzweig is representing the seller in marketing 452 Atlantic Avenue, located between Bond Street and Nevins Street, within the special downtown Brooklyn zoning district.

The seller is a private owner who has maintained the property meticulously. “Nearly 3,000 units of newly constructed apartment units have been absorbed into this submarket in the past year," said Rosenzweig.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish