Marcus & Millichap Sells Multifamily Property At 312 East 106th Street In East Harlem For $550,000

The property asset involved in this transaction is located at 312 East 106th Street in the East Harlem market. This multifamily asset comprises 30 units, with a sale price of $550,000. The total square footage of the property is 15,330, resulting in a price per unit of $18,333 and a price per square foot of $35.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $550,000
• Units: 30
• Square Footage: 15,330
• Price Per Unit: $18,333
• Price Per Square Foot: $35

The key individuals in this transaction are brokers Seth Glasser and Michael Fusco, who represent Marcus & Millichap. Notably, the previous sale of the property was recorded at $8,825,000.