Marcus & Millichap Sells 10 Unit Multifamily Property At 322 E. 79th St. For $3.45M

The property asset involved in this transaction is a multifamily unit located at 322 E. 79th St. in the Upper East Side market. This asset was sold for a total of $3,450,000, consisting of 10 units. The total square footage of the property is 6,600, resulting in a price per unit of $345,000 and a price per square foot of $522.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,450,000
• Units: 10
• Square Footage: 6,600
• Price Per Unit: $345,000
• Price Per Square Foot: $522
• Date of Transaction: 07/08/2022
• Address: 322 E. 79th St.
• Market: Upper East Side
• Broker Representatives: Logan Markley, Joe Koicim & Zan Colin - Marcus & Millichap

The individuals involved in this transaction include brokers Logan Markley, Joe Koicim, and Zan Colin, who represented the transaction through Marcus & Millichap. Their expertise in the market contributed to the successful transaction of the multifamily property.