Marcus & Millichap Sells Gramercy Park Multifamily Property For $8.9M With Sellers Rep Peter Von Der Ahe, Joe Koicim & Jared Bernstein

The multifamily property located at 332 East 19th Street in Gramercy Park was recently sold in a transaction facilitated by Peter Von Der Ahe, Joe Koicim, and Jared Bernstein of New York Multifamily and Marcus & Millichap NY. The seller of the property was Milton Merl.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,900,000
• Address: 332 East 19th Street
• Market: Gramercy Park

The property has a building square footage of 11,040, resulting in a price per square foot of $806. The total square footage of the property is 13,984, with a price per square foot of $636. The multifamily asset consists of 24 units, and the price per unit in the transaction was $370,833.

It is noteworthy that the deal involved the collaborative efforts of Peter Von Der Ahe, Joe Koicim, and Jared Bernstein, who represented the buyer and seller in the transaction. Their expertise and professional representation played a crucial role in the successful completion of the sale.