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Marcus & Millichap Brokers $22.3M Sale of Three Mixed-Use Buildings in Brooklyn

119-123-Kent-Ave-Brooklyn-NYC

Located at 119-123 Kent Ave. in Brooklyn, the three contiguous buildings feature a total of 17 apartments, three ground-floor retail units and one office space.

NEW YORK CITY – Marcus & Millichap has arranged the sale of three mixed-use buildings located at 119-123 Kent Ave. in Brooklyn’s Williamsburg neighborhood. The Shariati family acquired the contiguous properties for $22.3 million, or $1,441 per square foot. The sellers were Cheskie Weisz of CW Realty, Joyland Group and Meral Property Group. The buildings offer a total of 17 apartments, three ground-floor retail units and one office space. Nat Rockett and Steven Dweck of Marcus & Millichap represented the buyer in the 1031 exchange transaction.

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