Marcus & Millichap Sells Multifamily Property At 24 East 125th Street For $1.2M

The property asset involved in this transaction is a multifamily building located at 24 East 125th Street in South Harlem, Manhattan. This building comprises 5 units, with a sale price of $1,200,000 and a total square footage of 3,836. The price per unit stands at $240,000, while the price per square foot is calculated at $312.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,200,000
• Units: 5
• Square Footage: 3,836
• Price per Unit: $240,000
• Price per Square Foot: $312

The deal was facilitated by brokers Seth Glasser, Michael Fusco, and Benjamin Myerow from Marcus & Millichap, representing the transaction in a professional capacity and contributing to the successful completion of the sale.