WEST NEW YORK, N.J., Dec. 30, 2025 -
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 a six-unit multifamily property in West New York. The asset sold for $2,210,000.
"Multifamily properties in West New York remain highly attractive to the investment community," said Devin Perez, associate investments. "We secured a buyer at approximately $368,000 per unit, representing the highest price per unit sold in 2025 in West New York."
Perez, along with Alan Cafiero and Brent Hyldahl, investment specialists in Marcus & Millichap's New Jersey office, represented the seller.
The three-story building is located at 30 63rd St. and consists of six two-bedroom, one-bathroom apartments. The property was renovated, with improvements including a new roof and upgrades to plumbing, electrical and HVAC systems. It is one block from Boulevard East and approximately three miles from the Lincoln Tunnel, offering direct access to Manhattan.
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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, 2024, the company had 1,712 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 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.