Press Release brought to you by Marcus & Millichap

Marcus & Millichap Arranges the Sale of a 7,280 Square-Foot Mixed-Use Building

01/28/2014

BROOKLYN, NY, January 28, 2014– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of 180 Malcolm X Boulevard, a 7,280 square-foot mixed-use property located in Brooklyn, NY, according to John Horowitz, regional manager of the firm’s Brooklyn office. The asset sold for $1,065,000 which represented approximately $146 per square foot.

Erik Lundberg and Eric Eckhardt, from Marcus & Millichap’s Brooklyn office had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was secured and represented by Lundberg and Eckhardt.

“180 Malcolm X perfectly demonstrated our ability to make qualified buyers compete for the deal which resulted in a sale at 97 percent of the asking price,” says Lundberg.

Press Contact: John Horowitz

Regional Manager, Brooklyn

(718) 475-4300

www.MarcusMillichap.com

01/28/2014 - 11:19

Source

Marcus & Millichap

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