Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully arranged the sale of a 97-unit multifamily property located at 1154 Ward Ave. in the Bronx, New York, for $7.5 million. Announced on July 9, 2025, this transaction highlights the continued demand for well-managed, rent-stabilized apartment buildings. The six-story, 90,000-square-foot property, built in 1929, is situated in the Soundview neighborhood, conveniently located near the 6 train at Elder Avenue. The sale was marketed by investment specialists Michael Fusco, Seth Glasser, and Benjamin Myerow from the firm's Manhattan office, with both the seller and buyer being local private investors.
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