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Matt Fotis Of Marcus & Millichap Acquires Multifamily Property In Brooklyn Heights For $7.85M

274 Henry Street & 90 State Street
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This MultiFamily property located in NY was sold for $7,850,000 almost 4 years ago. The brokers of the deal were Sebastian Altilio and Matthew (Matt) Fotis

A multifamily property located at 274 Henry Street and 90 State Street in Brooklyn Heights was recently sold for $7,850,000. The property spans approximately 16,500 square feet, resulting in a price per square foot (PPSF) of $475. The sale took place on June 23, 2021, and the transaction was facilitated by brokers Matt Fotis from Marcus & Millichap_NY and Sebastian Altilio.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,850,000
  • Address: 274 Henry Street & 90 State Street, Brooklyn Heights
  • Market: Brooklyn Heights
  • Broker: Matt Fotis @MarcusMillichap_NY & Sebastian Altilio

Matt Fotis from Marcus & Millichap_NY and Sebastian Altilio played pivotal roles as brokers in this transaction.

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Deals
  • Location
    274 Henry Street, New York, NY 10038274 Henry Street, New York, NY 10038
  • Sale Price
    $7,850,000$7,850,000
    $475 PPSF$475 PPSF
  • Area
    16,500 SF16,500 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Sebastian Altilio

Sebastian Altilio

Deals5
Financed$46M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Matt Fotis DATE: 06/23/2021 ADDRESS: 274 Henry Street & 90 State Street MARKET: Brooklyn Heights ASSET TYPE: Multifamily BROKER: Matt Fotis @MarcusMillichap_NY & Sebastian Altilio SALE PRICE: $7,850,000 SF: 16,500 ~ PPSF: $475

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274 Henry Street & 90 State Street

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