Press Releases
Marcus & Millichap Brokers Sale of Free-Market Mixed-Use Property in Brooklyn
September 10, 2026
NEW YORK, Sept. 10, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood of Brooklyn. The asset sold for $2.8 million.
"This is the second time in five years our team has sold this property," said Daniel Greenblatt of Marcus & Millichap's New York City office. "The last buyer captured a strong return for their investors, and the new owner is stepping into real upside on the income side. There continues to be strong demand for free-market mixed-use properties in the Bed-Stuy submarket."
Greenblatt, Shaun Riney and Michael Salvatico of Marcus & Millichap exclusively marketed the property on behalf of the seller, Aperture Holdings and procured the buyer, the Miller Family.
The three-story, 4,875-square-foot building sits on a 2,500-square-foot lot and was built in 1931. The property includes five residential units, four three-bedroom and one four-bedroom apartment. The ground-floor commercial space is leased to a long-term furniture and design studio.
The property is located near Herbert Von King Park and the Myrtle-Willoughby subway station serving line G.
"This is the second time in five years our team has sold this property," said Daniel Greenblatt of Marcus & Millichap's New York City office. "The last buyer captured a strong return for their investors, and the new owner is stepping into real upside on the income side. There continues to be strong demand for free-market mixed-use properties in the Bed-Stuy submarket."
Greenblatt, Shaun Riney and Michael Salvatico of Marcus & Millichap exclusively marketed the property on behalf of the seller, Aperture Holdings and procured the buyer, the Miller Family.
The three-story, 4,875-square-foot building sits on a 2,500-square-foot lot and was built in 1931. The property includes five residential units, four three-bedroom and one four-bedroom apartment. The ground-floor commercial space is leased to a long-term furniture and design studio.
The property is located near Herbert Von King Park and the Myrtle-Willoughby subway station serving line G.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
