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MARCUS & MILLICHAP BROKERS $12.22 MILLION MULTIFAMILY SALE

NEW YORK CITY — Marcus & Millichap has brokered the sale of a 27-unit multifamily property, located at 32-34 W. 68th St. on the Upper East Side of Manhattan, New York City, for $12.22 million. The property consists of two five-story buildings, as well as 3,313 square feet of developable air rights. Peter Von Der Ahe and Christopher Sjurset of Marcus & Millichap’s Manhattan office represented both undisclosed parties in the transaction. The property traded for a price of $452,593 per unit and $902 per square foot.

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