Matt Fotis Of Marcus & Millichap Sells Brooklyn Multifamily Property For $3,800,000

The property asset involved in the transaction is located at 665 Saint Marks Avenue in Brooklyn. This multifamily asset consists of 21 units, has a total square footage of 17,790, and was sold for a price of $3,800,000, resulting in a price per unit of $180,952 and a price per square foot of $213.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,800,000
• Units: 21
• Square Footage: 17,790
• Price Per Unit: $180,952
• Price Per Square Foot: $213
• Date of Transaction: 3/31/2026
• Broker: Matt Fotis - Marcus & Millichap

Matt Fotis from Marcus & Millichap represented the seller in this transaction. The sale reflects ongoing activity in the Brooklyn market, engaging multifamily investors. The property featured a substantial number of units and considerable square footage, appealing to a diverse range of potential tenants.