Seth Glasser & Michael Fusco Of Marcus & Millichap Sell Finite Homes Portfolio For $14.48M

The sale involved the Finite Homes Portfolio located in Central Harlem, comprising several addresses: 9 East 131st Street, 11 East 125th Street, 18 East 126th Street, 19-21 East 127th Street, 22 East 125th Street, 22 East 127th Street, 49 East 130th Street, 1974 Madison Avenue, 1986 Madison Avenue, 1988 Madison Avenue, 2013 5th Avenue, and 2071 5th Avenue. The transaction price was $14,480,852, covering a total square footage of 110,936 with a price per square foot of $180.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $14,480,852
• Square Footage: 110,936
• Price Per Square Foot: $180
• Market: Central Harlem
• Addresses: 9 East 131st Street, 11 East 125th Street, 18 East 126th Street, 19-21 East 127th Street, 22 East 125th Street, 22 East 127th Street, 49 East 130th Street, 1974 Madison Avenue, 1986 Madison Avenue, 1988 Madison Avenue, 2013 5th Avenue, 2071 5th Avenue

Seth Glasser and Michael Fusco of Marcus & Millichap represented the seller in this transaction, facilitating the deal in the multifamily asset market of Central Harlem.