Mixed-use Property With 37 Apartments And 4 Commercial Units Sold In Brooklyn For $2.6M

The property asset involved in this transaction is a mixed-use building located at 275 Kings Highway and 1702 West 7th Street in Brooklyn. This asset comprises 37 residential apartments and 4 commercial units, offering a total of 25,920 square feet. The sale price achieved for the property is $2,600,000, leading to a price per unit of $63,415 and a price per square foot of $100.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,600,000
• Units: 41
• Square Footage: 25,920
• Price per Unit: $63,415
• Price per Square Foot: $100
• Date of Sale: 10/21/2025
• Broker: Matt Fotis - Marcus & Millichap
• Market: Brooklyn

Matt Fotis from Marcus & Millichap represented the transaction, facilitating the deal that included a total of 41 units within the mixed-use property. His expertise in the Brooklyn market contributed to the successful closing of this transaction.