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NEW YORK CITY — Mar-Mart Realty Co. has sold 12 Fifth Ave., a 33-unit apartment building for $12.5 million. The 19,545-square-foot property is located between 8th and 9th streets in central Greenwich Village. John Stewart of the Manhattan office of Marcus & Millichap represented Mar-Mart in the transaction. He also represented the buyer, a New York City-based real estate investor. Built in 1906 as a hotel, the property was converted into apartments in the 1940s.