Marcus & Millichap Sells 6-Unit Multifamily Building In New York City For $5M

An multifamily property located at 975 2nd Avenue in New York City has been sold. The property consists of 6 units with a total area of 4,400 square feet. The sale price for this transaction was $5,000,000, resulting in a price per unit of $833,333 and a price per square foot of $1,136.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Address: 975 2nd Avenue, New York City
• Market: New York City
• Units: 6
• Price per Unit: $833,333
• Square Feet: 4,400
• Price per Square Foot: $1,136

The sale of this multifamily property was facilitated by Marcus & Millichap, with brokers Joe Koicim, Logan Markley, Peter Dodge, and Zan Colin representing the involved parties.