MANHATTAN MULTIFAMILY PORTFOLIO TRADES FOR $14M

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NEW YORK CITY — Marcus & Millichap has arranged the $14 million sale of a two-property, 44-unit multifamily portfolio on Manhattan's Upper West Side. The properties include a 17,710-square-foot apartment building at 215 West 108th St. and a 15,944-square-foot apartment property at 210 West 109th St. Both buildings are located near Central Park and Columbia University. Joe Koicim, Peter Von Der Ahe and Shlomo Gelernter of Marcus & Millichap represented the seller, a private investor, in the transaction. Scott Edelstein, Seth Glasser, Koicim, Von Der Ahe and Gelernter represented the buyer, also a private investor.

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