Cushman & Wakefield Arranges $3.8M Sale of Townhomes in NYC

by Haisten Willis

NEW YORK CITY — Cushman & Wakefield has arranged the $3.8 million sale of a six-unit, multifamily townhouse complex at 331 W. 87th St. in Manhattan’s Upper West Side. Four of the units in the five-story, 4,109-square-foot property are rent-stabilized, one is rent-controlled and the sixth is market-rate. The sale price equaled $922 per square foot. Cushman & Wakefield did not disclose the identity of either the seller or buyer. Stephen Palmese, Hall Oster, Teddy Galligan, Michael Mazzara, James Berluti and Bryan Smadbeck led the Cushman & Wakefield team in the transaction.

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