Marcus & Millichap Facilitates $2.7M Sale Of Multifamily Property In East Village

The property at 191 East 7th Street in the East Village, Manhattan has been sold for a total price of $2,725,000. This multifamily asset consists of four units with a price per unit of $681,250. The property spans across 3,328 square feet, resulting in a price per square foot of $819.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,725,000
• Units: 4
• Price Per Unit: $681,250
• Square Footage: 3,328
• Price Per Square Foot: $819

John J. Stewart and Dylan Torey, brokers from Marcus & Millichap, were involved in this transaction. They represented the buyer and also collaborated with a cooperating listing broker. Their expertise and negotiation skills were pivotal in successfully closing the deal.