Marcus & Millichap Sells Multifamily Asset In Harlem For $3.5M

Located in Harlem, the multifamily property at 274 West 119th Street has recently changed hands in a closed transaction. The sale of this property was facilitated by brokers Seth Glasser and Jake Kahn from Marcus & Millichap. The deal was finalized on January 20, 2022, with a sale price of $3,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Address: 274 West 119th Street
• Market: Harlem
• Brokers: Seth Glasser & Jake Kahn - Marcus & Millichap

The property consists of 20 units, resulting in a price per unit (PPU) of $175,000. It spans across approximately 9,100 square feet, with a price per square foot (PPSF) of $384.