Marcus & Millichap Facilitates $10.8 Million Sale of Historic 101-Unit Brooklyn Building

Reuters

2025/06/11

Marcus & Millichap Facilitates $10.8 Million Sale of Historic 101-Unit Brooklyn Building

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, has successfully arranged the sale of a historic 101-unit residential building in Brooklyn, New York, for $10.8 million. Announced on June 6, 2025, this transaction marks the first change of ownership for the property in over 60 years. Built in 1930, the six-story building is located at 275 Linden Boulevard in the Prospect-Lefferts Gardens neighborhood. The property, which spans 135,714 square feet across three wings, was marketed by Marcus & Millichap's Manhattan office specialists Shaun Riney and Daniel Greenblatt, with Seth Glasser procuring the buyer. The new owner, a private family office from California, is known for its long-term investment strategies in real estate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.

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Announced on June 6, 2025, this transaction marks the first change of ownership for the property in over 60 years. Built in 1930, the six-story building is located at 275 Linden Boulevard in the Prospect-Lefferts Gardens neighborhood. The property, which spans 135,714 square feet across three wings, was marketed by Marcus &amp; Millichap's Manhattan office specialists Shaun Riney and Daniel Greenblatt, with Seth Glasser procuring the buyer. The new owner, a private family office from California, is known for its long-term investment strategies in real estate.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMI","symbol_name":"Marcus & Millichap Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250610:nNDL7QMkN1:1","article_id":"2542341463","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542341463","pubTimestamp":1749577025,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marcus & Millichap Inc., a leading commercial real estate brokerage firm, has successfully arranged the sale of a historic 101-unit residential building in Brooklyn, New York, for $10.8 million. 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