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Marcus & Millichap Real Estate Investment Services.

Marcus & Millichap Real Estate Investment Services announced the following sales:

* Four Canandaigua National Bank & Trust properties, totaling 13,671 s/f located in suburban Rochester, New York. The four assets sold for a total price of $4,605,246. Laurie Ann (L.A.) Drinkwater, CCIM, from the firm's New Haven and Boston offices, and Seth J. Richard, director of the National Retail Group in Manhattan, represented the seller, a limited liability company.

* 2264-2266 Frederick Douglas Boulevard, a 20 unit apartment building located in New York, sold for $2,525,000 and a capitalization rate of six percent. Peter Von Der Ahe, Scott Edelstein, and Seth Glasser, represented the seller, a limited liability company, and the buyer, a limited liability company.

* 220 West 116th Street and 449-451 West 125th Street, a 58-unit mixed-use property sold for $8,800,000 and closed with a capitalization rate of 6.76 percent. Peter Von Der Ahe, Scott Edelstein, and Seth Glasser represented the seller, a limited liability company and the buyer, a private investor.
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Title Annotation:SALES
Comment:Marcus & Millichap Real Estate Investment Services.(SALES)
Publication:Real Estate Weekly
Date:Dec 5, 2012
Words:170
Previous Article:Tamir Daniel, president of Daniel T. Enterprises, has closed on the sale of two adjacent lots on the corner of Avenue D and East 5th Street.
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