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Marcus & Millichap Closes Sale of Mixed-Income Fort Greene Apartments

Marcus & Millichap closed the sale of two multifamily buildings totaling 16 units in the Fort Greene neighborhood of Brooklyn. The assets sold for $5.5 million. 

“Fort Greene is a beautiful, historic area and these buildings are a reflection of the neighborhood,” said Andrew Bronsteen of Marcus & Millichap’s NYM Group in Manhattan. “It was great working with Lev Mavashev and Ben Normatov of Alpha Realty on getting this done. They made our job easy.” Bronsteen and Shaun Riney represented the buyer, working with Mavashev and Normatov.

Built in 1930, the four-story walk-up buildings are located at 104 and 112 Fort Greene Pl. Together, they comprise 7,613 square feet with a mix of six rent-stabilized and 10 free-market apartments. 

The properties are a short distance from the G train at Fulton Street and near the Atlantic Terminal transit hub, which provides access to nine subway lines and the Long Island Rail Road.   

From capital markets and financing trends to development, acquisitions, and property management strategies, Connect Apartments on September 11 in Los Angeles dives into the issues shaping today’s multifamily landscape. Join the experts leading conversations on affordability, innovation, market dynamics, and investment opportunities—all in one day, under one roof. If you want the latest insights that drive decisions in apartments, this is where you’ll find them: www.connectapts2025.com 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition