Marcus & Millichap Brokers Sale of Washington Heights Apartment Building

NEW YORK, June 16, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 120 Haven Ave., a 35-unit corner apartment building in Washington Heights. The asset sold for $5,025,000.

"The building was a perfect fit for a local investor who continues to expand his portfolio in the neighborhood," said Seth Glasser of Marcus & Millichap's New York City office.

Glasser, Michael Fusco, Christopher Mehran, and Jacob Kahn of Marcus & Millichap exclusively marketed the property on behalf of the seller, a long-term steward of the asset, and procured the buyer. Kahn, who also procured the financing for the buyer, added, "The purchaser secured fixed-rate financing from the most competitive lender in the market."

The five-story property totals 25,755 rentable square feet, with six one-bedroom, 25 two-bedroom and four three-bedroom apartments. The building includes two free-market units.

The property is directly off Riverside Drive on the corner of Haven Avenue and 172nd Street. It is steps from Jay Hood Wright Park, the George Washington Bridge, and the 175th Street A train.

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About Marcus & Millichap, Inc. (NYSE: MMI)

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.