Private Investor Acquires Property In Brooklyn For $2 Million With Seller's Reps Matthew Fotis And Dylan Renicker

The transaction involves the sale of a four-story, mixed-use building located at 40 Nostrand Ave, Brooklyn, NY, 11205. The property consists of one retail unit and six residential units, and was sold for $2,000,000.00. The square footage is noted as 0.

Summary of transaction details:

• Property Type: Mixed-Use Building
• Transaction Amount: $2,000,000.00
• Address: 40 Nostrand Ave, Brooklyn, NY, 11205
• Market: Brooklyn
• Seller’s Representative: Matthew (Matt) Fotis - Marcus & Millichap
• Co-Representative: Dylan Renicker
• Buyer: Private Investor

Matt Fotis and Dylan Renicker from Marcus & Millichap’s Manhattan office represented the seller, who is a private investor. The buyer, also a private investor, finalized the deal guided by the noted representatives.