Alan Marcus Acquires MultiFamily Asset On Broadway, New York For $16M

Located at 3750 Broadway, New York, NY, 10032, the property involved in this transaction is a MultiFamily asset spanning 47,000 square feet. The sale took place on August 26, 2015, with a final price of $16,000,000.00 in the bustling market of New York. The buyer, Alan Marcus, acquired the property from the seller, Monarch Realty Holdings.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $16,000,000.00
• Buyer: Alan Marcus
• Seller: Monarch Realty Holdings
• Buyer's Representative: Roni Abudi (GFI Realty Services)
• Seller's Representative: Ohad Babo (GFI Realty Services)

Roni Abudi from GFI Realty Services represented the buyer, Alan Marcus, in this significant transaction. On the other side, Ohad Babo, also from GFI Realty Services, acted as the seller's representative, Monarch Realty Holdings. This deal underscores the active role played by these professionals in facilitating successful property transactions within the New York market.