SoldMixed-Use2021
$1,250,000
1379 Coney Island Avenue, Midwood, Brooklyn
Marcus & Millichap · NY Multifamily Team
Completed as a member of the New York Multifamily team at Marcus & Millichap, alongside Shaun Riney and colleagues.
The transaction
A mixed-use building on the Coney Island Avenue retail run in Midwood, three stories, storefront at grade and apartments above, sitting in a row of near-identical brick buildings that trade one lot at a time. Small mixed-use on a busy corridor sells on the strength of the commercial lease and on how much of the surrounding block a buyer already holds. Closed at $1,250,000 in April 2021.
Deal facts
Asset typeMixed-use
NeighborhoodMidwood
ClosedApril 2021
Sale price$1,250,000
