M&M ARRANGES $3.3M SALE OF 25-UNIT APARTMENT BUILDING
NEW YORK CITY — Marcus & Millichap has arranged the $3.3 million sale of 324 East 31st Street, a 25-unit apartment property located in Brooklyn. The sales price equates to approximately $158 per square foot. Lucien Sproviero and Derek Bestreich from Marcus & Millichap’s Brooklyn office marketed the property on behalf of the seller, a private investor. Bestreich and Sproviero also represented the buyer, a REIT, in the transaction.