Marcus & Millichap Brokers Sell Multifamily Property In Washington Heights For $19.5M

The multifamily property located at 106 Pinehurst Avenue in Washington Heights has been sold for a price of $19,500,000. The transaction took place on 05/08/2021 and was facilitated by brokers Peter Von Der Ahe, Seth Glasser, Joe Koicim, Haley Hasho, and Jacob Kahn from Marcus & Millichap and New York Multifamily. The property spans a total area of 93,180 square feet, resulting in a price per square foot of $209. It consists of 96 units, with each unit having a per unit price of $203,125.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $19,500,000
• Address: 106 Pinehurst Avenue, Washington Heights
• Market: Washington Heights

The deal's key individuals and companies involved in the transaction include Peter Von Der Ahe, Seth Glasser, Joe Koicim, Haley Hasho, and Jacob Kahn. They represented the buyer and seller throughout the transaction, providing their expertise and facilitating the successful sale of the property.