Marcus & Millichap Brokers Sell Mixed-Use Property In Cobble Hill, Brooklyn For $3.8M

The mixed-use property located at 115 Pacific St. in Cobble Hill, Brooklyn was sold for $3,800,000. The asset measures 4,820 square feet, translating to a price per square foot of $788. The property was sold As-Is, and it is noted that it contained a rent control tenant.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $3,800,000
• Square Footage: 4,820
• Price Per Square Foot: $788
• Address: 115 Pacific St.
• Market: Cobble Hill, Brooklyn
• Seller: The Comrie Family
• Broker Representatives: Shaun Riney, Mike Salvatico & Robbie Ferman - Marcus & Millichap

The transaction involved the representation of The Comrie Family by brokers Shaun Riney, Mike Salvatico, and Robbie Ferman from Marcus & Millichap. This deal reflects the collaborative efforts of these brokers in executing the sale of the property.