GREENWICH VILLAGE MIXED-USE PROPERTY SELLS FOR $10.25 MILLION

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NEW YORK CITY — JMC Holdings has completed the disposition of 19 West Eighth Street in New York’s Greenwich Village neighborhood for $10.25 million or $1,160 per square foot. Built in 1920, the five-story, 8,831-square-foot building features one retail unit and eight residential units. The property recently underwent a high-end renovation for six apartments, the stairwell, roof, plumbing and security. All of the renovated, free-market units feature stainless steel appliances, granite countertops and marble bathrooms. Additionally, three units feature terraces, as well as two penthouse units with 16-foot ceilings and skylights. Peter Von Der Ahe, Joseph Koicim, David Lloyd, Sean Lefkovits and Assaf Tayar of Marcus & Millichap’s Manhattan office represented the seller and the buyer, a private investor, in the transaction.

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