Marcus & Millichap Sells Multifamily Property In Clinton Hill, Brooklyn For $8.37M

Located in Clinton Hill, Brooklyn, the multifamily property at 33 Lexington Avenue & 35 Lexington Avenue has been sold in a closed transaction. The property consists of 10 units with a total of 7,906 square feet. The sale price for this asset was $8,370,000, resulting in a price per unit of $837,000 and a price per square foot of $1,059.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,370,000
• Address: 33 Lexington Avenue & 35 Lexington Avenue
• Market: Clinton Hill, Brooklyn

The seller of the property was Eric Orlofsky, representing Center Street Capital. The buyer was represented by Ari Harkov from Brown Harris Stevens. The seller was represented by Michael Salvatico, Shaun Riney, and Andrew Bronsteen from Marcus & Millichap.