Marcus & Millichap Facilitates $10.2M Sale Of Norwood Multifamily Property

The multifamily property located at 245 E. Gun Hill Rd. in Norwood, Bronx has been sold. The transaction was facilitated by the brokers Seth Glasser, Benny Katz, and Mike Fusco from Marcus & Millichap. The property was sold for a total price of $10,200,000. It spans a total square footage of 87,606 and was sold at a price per square foot of $116.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,200,000
• Address: 245 E. Gun Hill Rd.
• Market: Norwood, Bronx
• Brokers: Seth Glasser, Benny Katz, and Mike Fusco - Marcus & Millichap
• Square Footage: 87,606
• Price Per Square Foot: $116

The deal involved key individuals, such as Seth Glasser, Benny Katz, and Mike Fusco, who represented the buyer and seller in the transaction. Marcus & Millichap acted as the brokerage agency overseeing the deal. This successful transaction highlights the expertise and professionalism demonstrated by the brokers and highlights their role in closing the deal.