NEW YORK, N.Y. – Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has been selected to sell 32 and 34 Beekman Place (top left photo) in Midtown Manhattan. The property, located between 50th and 51st streets, is on the market for $11, 250,000. Peter Von Der Ahe (lower right photo), a vice president investments; senior associate Joe Koicim; and David Lloyd, an investment specialist in the Manhattan office of Marcus & Millichap; were hired to exclusively market the property on behalf of the seller, a private investor.
The property includes two contiguous buildings and occupies 67 feet of frontage on Beekman Place. One building has five stories and nine units, while the second building is a six-story elevator-asset with eight units, including a two-bedroom penthouse with view of the East River.
“All 17 units have market-rate rents and currently command an average monthly rent of $2,550,” says Von Der Ahe. “The leases are scheduled to expire by the end of August, making the property idea for conversion into a townhouse or live-plus income opportunity on one of the most exclusive blocks in Manhattan.”
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
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