Marcus & Millichap | The Real Deal New York

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Marcus & Millichap

270 Madison Avenue
New York, NY 10016
(212) 430-5100
Website
Marcus & Millichap

Marcus & Millichap is a publicly traded commercial real estate brokerage firm, headquartered in Calabasas, California, and founded in 1971 by George Marcus and William Millichap. It is listed on the New York Stock Exchange using the ticker symbol MMI. The firm, which publishes an index of apartment building prices, the National Apartment Index, has a sizable presence in New York City, though it is more active in other parts of the United States. In New York, Marcus & Millichap brokers mostly multifamily sales under $20 million. The firm also brokers investment sales in retail, office, single-tenant net-lease, self-storage, senior housing, manufactured homes, hospitality and land. It opened its Manhattan office and its Brooklyn office in 1999 and 2007, respectively.

Marcus & Millichap was ranked no. 9 in The Real Deal’s annual investment sales ranking covering 2016.


06/15/18
An ominous email went out Thursday evening summoning Eastern Consolidated’s 140-odd brokers and staffers to a company-wide meeting the following morning. Some knew what it...

06/04/18
Akelius Real Estate Management has purchased one of the Greenspan family’s last remaining properties. The company closed on the $30 million purchase of 336 West...

05/31/18
Sales of retail properties may be down compared to last year, but executives at the country’s top brokerages remained characteristically upbeat, confident that opportunities are...

05/22/18
Looking out from a booth in the Wynn nightclub Intrigue, it was difficult to ignore a man on stilts dressed as a tree bounding between...

05/21/18
Attendees of the International Council of Shopping Centers’ annual RECon may notice at least one key difference between the convention floor and the world outside....

The last year in retail has been marked by stories that would have been unimaginable a decade — or even a few years — ago,...

Sales of retail properties may be down compared to last year, but executives at the country’s top brokerages remained characteristically upbeat, ...

05/17/18
Jonathan Wiener’s Chestnut Holdings picked up a 19-building Bronx-centric retail portfolio for $55.2 million, The Real Deal has learned. The package consists of low-rise retail...

05/08/18
Brooklyn residents panicked when MTA officials announced in January that the L train — the engine that charges North Williamsburg and Bushwick — would potentially...

05/01/18
Greg Kraut and Rod Kritsberg’s K Property Group is in contract to buy the Soho office and retail building 446-448 Broadway for $45 million, according...

04/23/18
Like most reality shows, Bravo’s “Million Dollar Listing Los Angeles” tends to airbrush a less glamorous reality. By showcasing the schmoozing over lunches, Rolls-Royces and...

04/05/18
Real estate funds just raised the most cash in a Q1 since 2008 Between January and March of 2018, $33 billion in new private real estate...

03/26/18
In 2016, Sam Zell said, “It’s very hard not to be a seller.” Although New York City’s rental market has slowed two years later, Equity...

03/26/18
Barbara Liberatore Black’s rise to managing director of JLL’s South Florida office was not an easy one. Currently the only female executive in her office,...

03/22/18
International landlord Sentinel Real Estate sold two rental buildings at 921 and 941 Washington Avenue in Crown Heights for $53.3 million, records filed with the...

03/08/18
From the archives: If ever there was a time to talk about sex and gender issues in New York City real estate, it’s now. The...

03/06/18
From the March issue: The guest list for the China General Chamber of Commerce USA’s annual gala is a who’s who of Chinese and American business...

03/05/18
From the March issue: It started as a lease expansion. But Google — in its quest for dominion over Chelsea and the Meatpacking District — wanted...

03/01/18
The priciest New York City real estate deal in 2017 already looks to be going south, thanks to what one industry player called “one of...

It started as a lease expansion. But Google — in its quest for dominion over ...

The guest list for the China General Chamber of Commerce USA’s annual gala is a who’s who of Chinese and American business royalty. In mid-January,...

The priciest New York City real estate deal in 2017 already looks to be going south, thanks to what one industry player called “one of...

02/22/18
After winning an assignment last summer for an outer-borough multifamily package, Aaron Jungreis jogged his memory for potential buyers. “You always go to that top...

02/16/18
HAP Investments has purchased a development site in Tribeca for $46 million, where it is planning to build a 40-unit condominium project, sources told The...

02/16/18
From the February issue: Federal Reserve chairs have the power to put financial markets in a frenzy with a few seemingly harmless phrases. In June 2013,...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
16 Court Street, 2nd Floor, Brooklyn, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
16 Court Street, 2nd Floor, Brooklyn, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
16 Court Street, 2nd Floor, Brooklyn, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Associate Broker
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
16 Court Street, 2nd Floor, Brooklyn, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
16 Court Street, 2nd Floor, Brooklyn, NY, (212) 430-5100
...
Marcus & Millichap, Real Estate Salesperson
260 Madison Avenue, 5th Floor, New York, NY, (212) 430-5100
...
To see all, go to Advanced Search
  • Event Sales
  • Address 2442 Morris Avenue
  • Neighborhood Fordham Heights
  • Borough Bronx
  • Square feet 18,885
  • Price $ 4,500,000
  • Price per foot $ 238.28
notes
The 5-story building with 28 rent-stabilized units was sold for $4.5 million.
  • Event Sales
  • Address 1729 Walton Avenue
  • Neighborhood Mount Hope
  • Borough Bronx
  • Square feet 45,310
  • Price $ 19,100,000
  • Price per foot $ 421.54
notes
The 5-story building with 56 rent-stabilized residential units was sold for $19.1 million.
  • Event Sales
  • Address 2333 Loring Place North
  • Neighborhood University Heights
  • Borough Bronx
  • Square feet 26,556
  • Price $ 14,900,000
  • Price per foot $ 561.07
notes
The 5-story building with 26 mixed-used and rent-stabilized units was sold for $14.9 million.
  • Event Sales
  • Address 24-10-16-20 29th Street
  • Neighborhood Astoria
  • Borough Queens
  • Square feet 25,000
  • Price $ 11,375,000
  • Price per foot $ 455.00
  • Publication Date 05/01/2017
  • Event Date 04/05/2017
  • Party 1 Blank Property Group
  • Party 1 Brokerage Marcus & Millichap
  • Party 1 Broker Zach Galub
  • Party 2 DMDAL LLC
  • Party 2 Brokerage Beson & Associates
  • Party 2 Broker Aaron Kline
notes
Three residential buildings, totaling 27 units, was purchased for $11.375 million.
  • Event Sales
  • Address 265, 267, 269, 271 and 273 West 146th Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 47,500
  • Price $ 23,000,000
  • Price per foot $ 484.21
notes
The 5-story, multifamily property, which is 100% occupied, sold for $23 million, about $11.9 million more than its last transfer in 2013.
  • Event Sales
  • Address 15 Wilson Avenue
  • Neighborhood Bushwick
  • Borough Brooklyn
  • Square feet 4,125
  • Price $ 2,350,000
  • Price per foot $ 569.69
notes
The 6-family property was purchased by 15 Wilson Corporation for $570 per sf.
  • Event Sales
  • Address 9601 Church Avenue
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 5,600
  • Price $ 1,265,000
  • Price per foot $ 225.89
notes
The mixed-use building, containing 4 resi-units and 4 commercial-units, was sold for $1.265 million.
  • Event Sales
  • Address 239-241 Marcus Garvey Boulevard
  • Neighborhood Bedford-Stuyvesant
  • Borough Brooklyn
  • Square feet 4,722
  • Price $ 2,675,000
notes
The vacant lot sold for $2.7 million, far more than its sale price in December 2015 for $1.8 million.
  • Event Sales
  • Address 35 Claver Place
  • Neighborhood Bedford-Stuyvesant
  • Borough Brooklyn
  • Square feet 35,174
  • Price $ 14,200,000
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 Gina Inverso
  • Party 1 Brokerage Marcus & Millichap
  • Party 2 CW Realty Management 
notes
The warehouse-turned-artist community, with 13 artist studios and two commercial units, was sold for $14.2 million.
  • Event Sales
  • Address 5914, 5918 and 5920 Bay Parkway
  • Neighborhood Kensington
  • Borough Brooklyn
  • Square feet 75,000
  • Price $ 3,000,000
notes
The 3-property portfolio sold for $3 million to a developer looking to build assisted living for senior citizens.
  • Event Sales
  • Address 251-255 Bay Ridge Parkway
  • Neighborhood Bay Ridge
  • Borough Brooklyn
  • Square feet 6,225
  • Price $ 3,385,000
  • Price per foot $ 543.77
notes
The 12-unit multifamily building in Bay Ridge sold for $3.4 million, more than 16 times the rent roll and a 3.91% cap rate.
  • Event Sales
  • Address 6618 Bay Parkway
  • Neighborhood Bensonhurst
  • Borough Brooklyn
  • Square feet 2,720
  • Price $ 1,900,000
notes
The mixed-use property in a high foot-traffic strip of Bay Parkway sold for $1.9 million.
  • Event Sales
  • Address 192 Eighth Avenue
  • Neighborhood Chelsea
  • Borough Manhattan
  • Square feet 5,148
  • Price $ 8,300,000
notes
The mixed-use multifamily and retail building was sold for $8.3 million.
  • Event Sales
  • Address 161-163 Court Street
  • Neighborhood Cobble Hill
  • Borough Brooklyn
  • Square feet 9,124
  • Price $ 13,600,000
notes
The retail building was sold for $13.6 million.
  • Event Sales
  • Address 1705 Putnam Avenue , 1707 Putnam Avenue , 1725 Putnam Avenue
  • Neighborhood Ridgewood
  • Borough Brooklyn
  • Square feet 16,900
  • Price $ 5,500,000
notes
The 3-building multifamily portfolio was sold for $5.5 million.
  • Event Sales
  • Address 134 Hinsdale Street
  • Neighborhood Brownsville
  • Borough Brooklyn
  • Square feet 15,000
  • Price $ 3,600,000
notes
The industrial property sold for $3.6 million.
  • Event Sales
  • Address 2269 86th Street
  • Neighborhood Bath Beach
  • Borough Brooklyn
  • Square feet 3,600
  • Price $ 3,930,000
notes
The retail property sold for $3.93 million.
  • Event Sales
  • Address 24 Wilson Avenue
  • Neighborhood Bushwick
  • Borough Brooklyn
  • Square feet 11,000
  • Price $ 2,900,000
notes
The development site sold for $2.9 million.
  • Event Sales
  • Address 40-07 73rd Street
  • Neighborhood Jackson Heights
  • Borough Queens
  • Price $ 29,350,000
notes
The mixed-use building sold for $29.35 million.
  • Event Sales
  • Address 7201 3rd Avenue
  • Neighborhood Bay Ridge
  • Borough Brooklyn
  • Square feet 7,520
  • Price $ 2,600,000
notes
The mixed-use property sold for $2.6 million.
  • Event Sales
  • Address 975 Grand Street
  • Neighborhood East Williamsburg
  • Borough Brooklyn
  • Square feet 7,565
  • Price $ 2,950,000
notes
The industrial property sold for $2.95 million.
  • Event Sales
  • Address 121 Chambers Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 18,750
  • Price $ 16,200,000
  • Price per foot $ 864.00
  • Publication Date 10/01/2016
  • Event Date 08/15/2016
  • Party 1 Ackerman Realty
  • Party 1 Brokerage Marcus & Millichap
  • Party 1 Broker Matthew Fotis
  • Party 2 HubbNYC
notes
The mixed-use building sold for $16.2 million.
  • Event Sales
  • Address 148 West 142nd St
  • Neighborhood West Harlem
  • Borough Manhattan
  • Price $ 16,500,000
notes
The property sold for $16.5 million.
  • Event Sales
  • Address 156 Lawrence Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 1,612
  • Price $ 4,875,000
  • Price per foot $ 3,024.19
notes
The retail property sold for $4.875 million.
  • Event Sales
  • Address 5617 Fifth Avenue
  • Neighborhood Sunset Park
  • Borough Brooklyn
  • Square feet 5,836
  • Price $ 2,150,000
  • Price per foot $ 368.40
notes
The mixed-use property sold for $2.15 million.
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