SoldMultifamily2019
$17,800,000
900 Avenue H, 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
The first of the two Avenue H trades, a 65-unit, fully rent-stabilized building that closed five months before its neighbor at 800 Avenue H. Together the pair moved more than $35M of regulated Midwood multifamily off-market in a single year. The seller wanted certainty of execution on a complex stabilized rent roll; the team delivered a qualified buyer and a smooth path to closing at $17,800,000.
Deal facts
Asset typeMultifamily
Units65
Profile100% rent-stabilized
Sale price$17,800,000
