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Marcus & Millichap Real Estate Investment Services.(Sales)
- Article from:
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Real Estate Weekly
- Article date:
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June 18, 2008
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Copyright informationCOPYRIGHT 2008 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Marcus & Millichap Real Estate Investment Services is pleased to announce the following transactions:
* The sale of a 5,000 s/f mixed-use property in New York, NY for $4,225,000. The sales price represents $845 psf and a 5.29% cap rate on the property's net operating income. Peter Von Der Ahe, associate vice president investments in the Manhattan office of Marcus & Millichap, and Scott Edelstein, an investment specialist also in the firm's Manhattan office, represented the seller and buyer.
The ...