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NEW YORK CITY — Marcus & Millichap has arranged the $38 million sale of a six-building portfolio in Manhattan’s East Village neighborhood. The portfolio consists of 56 apartments and five commercial units across 49,513 square feet. Apartments come in one- through six-bedroom floor plans. The properties included in the portfolio are 329-335 East 9th Street and 516-518 East 13th Street.
Edifice Partners/Holliswood and JSB Capital Group purchased the assets from The Kushner Cos. for $38 million. Joe Koicim, Logan Markley, Matt Berger and Zan Colin of the NYM Group of Marcus & Millichap represented the seller and procured the buyer.