Marcus & Millichap brokers sale of Brooklyn multifamily asset for $23.5 million

Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

MMI

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  • Marcus & Millichap brokered the sale of 1000 Ocean Parkway, a 122-unit multifamily building in Brooklyn’s Midwood neighborhood, for USD 23.5 million.
  • Deal price implied USD 192,623 per unit; Marcus & Millichap’s Matt Fotis represented the Cohen family and sourced buyer David Brecher of FM Home Loans.
  • The property was built in 1964 and renovated in 2021.


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