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| Seth Glasser |
NEW YORK, NY– Marcus & Millichap (NYSE: MMI), a leading
commercial real estate investment services firm with offices throughout the
United States and Canada, announced the sale of 2070 Frederick Douglass Blvd., a six-story elevator building with
16 residential units and two commercial spaces.
The $10.1 million sales price
equates to $667 per square foot.
Peter Von Der Ahe, Scott Edelstein, Seth
Glasser and Brett Garson, all in Marcus & Millichap’s Manhattan office,
represented the seller, 2070 Uptown LLC and the buyer, Prince Street LLC.
“The
property is a fully rent-stabilized, low-maintenance apartment building with
market- rate upside two blocks from Central Park,” says Glasser.
The
building is proximate to Columbia University, Barnard College and the A and C
subway lines.
For a complete copy
of the company’s news release, please contact:
Gina Relva,
Public Relations Manager
(925) 953-1716
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