Marcus & Millichap Brokers Sell Multifamily Property On Upper West Side, Manhattan For $6.75M

A multifamily property located at 159 W. 85th St. in the Upper West Side of Manhattan has been sold. The property consists of 20 units with a total area of 11,880 square feet. The sale price for this transaction was $6,750,000, making the price per unit $337,500 and the price per square foot $568.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,750,000
• Units: 20
• Price per Unit: $337,500
• Total Square Feet: 11,880
• Price per Square Foot: $568
• Market: Upper West Side, Manhattan

The sale of this property was facilitated by the brokers Joe Koicim, Logan Markley, and Zan Colin from Marcus & Millichap. They represented the parties involved in the transaction, ensuring a smooth process and successful deal.