MARCUS & MILLICHAP ARRANGES TWO NYC APARTMENT DEALS

by admin

NEW YORK CITY — Marcus & Millichap (M&M) has arranged a multifamily loan and brokered the sale of a multifamily property in New York City. First, Sean Mooney of M&M Capital Corp. arranged a $2.94 million loan to refinance a 19-unit apartment building located in Brooklyn's Park Slope neighborhood. The loan carries a 5.37 percent fixed interest rate and a 10-year term. In the second deal, a team from M&M's Manhattan office brokered the sale of a 12-unit apartment building located at 1899 7th Avenue in Manhattan for $1.8 million. The team of Peter Von Der Ahe, Scott Edelstein, Sean Lefkovits and Seth Glasser represented the seller and buyer. All parties involved in the two deals were not disclosed.

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