Marcus & Millichap Brokers $1.3M Sale of Apartment Building in Ridgewood, N.Y.

by Amy Works

RIDGEWOOD, N.Y. — Marcus & Millichap has arranged the sale of an apartment building located at 2048 Gates Ave. in Ridgewood. The six-unit rental property sold for $1.3 million. Shaun Riney, Thomas Shihadeh and George Koncilja of Marcus & Millichap’s Brooklyn office represented the seller, an individual/personal trust, and the buyer, a limited liability company, in the transaction. The property was fully occupied at the time of sale.

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