MARCUS & MILLICHAP BROKERS SALE OF APARTMENT BUILDING

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NEW YORK CITY — Marcus & Millichap has brokered the sale of 154 Highland Place, a 20-unit multifamily building located in Brooklyn, New York City. The property sold at a price of $1.57 million, at a 7.08 percent capitalization rate. Cody Liebman and Zachary Felson of Marcus & Millichap’s Brooklyn office represented the seller and secured the buyer in the transaction. Both parties were undisclosed.

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