Marcus & Millichap Sells 29 Unit Multifamily Asset On Mclean Avenue In Yonkers For $3M

The property asset involved in the transaction is a multifamily building located at 218 Mclean Avenue in Yonkers. The sale price was $3,000,000, encompassing 29 units across a total square footage of 20,000, resulting in a price per unit of $103,448 and a price per square foot of $150.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Units: 29
• Square Footage: 20,000
• Price Per Unit: $103,448
• Price Per Square Foot: $150
• Date of Transaction: 11/14/2024
• Address: 218 Mclean Avenue
• Market: Yonkers
• Broker Representatives: Seth Glasser, Michael Fusco & Matthew Gault - Marcus & Millichap

This transaction involved Seth Glasser, Michael Fusco, and Matthew Gault representing the buyer through their agency, Marcus & Millichap. They played a crucial role in facilitating the sale within the multifamily market in Yonkers.