Von Der Ahe of Marcus & Millichap closes 18 transactions totaling $204.76 million

According to Marcus & Millichap Real Estate Investment Services, the last 60 days of 2012 Peter Von Der Ahe of the downtown office has closed 18 commercial real estate transactions totaling $204.76 million. "Peter has demonstrated his superior brokerage skills, provided his clients with unparalleled service and capped off an outstanding year with this remarkable stretch of activity," says J.D. Parker, vice president and regional manager of the firm's Manhattan, White Plains and New Haven, Conn. offices. "Peter is now our top-producing New York City agent and on behalf of the firm, I'd like to congratulate him on his outstanding accomplishment." "My team's dedication to providing the highest level of client service helped produce these results for our investors," adds Von Der Ahe, a first vice president investments. "The group has made the fullest possible use of the Marcus & Millichap platform to negotiate the highest prices and best terms for our clients." "With market conditions normalizing throughout the city and private investors seeking long-term stability through properties with proven cash flows, we're looking forward to an exciting 2013," Von der Ahe said. Von Der Ahe's closings include the following: * 245-259 W 25th St. This 68-unit, 61,429 s/f asset closed at $37 million. Joe Koicim, a vice president investments also provided representation, along with Investment Associate Sean Lefkovits. With 27,461 s/f of additional air rights, this property received many competitive bids from investors with plans to redevelop. * An Undisclosed Downtown Retirement Building. The 127-unit, 98,000 s/f retirement home closed at $28 million. Joe Koicim also provided representation in this deal. * 537 W 27th St. This 31-unit, 47,479 s/f property, The Chelsea Muse, closed at $27.5 million with a 3.6% Cap Rate, and 19.25 times the Rent Roll. The sale of the high-end, newly constructed building was also brokered by Joe Koicim, Michael Helpern, Eleas Mathios and Sean Lefkovits, all associates in Manhattan. * 105 Grand Avenue in Brooklyn. The 36-unit, 30,535 s/f asset closed at $16 million. Joe Koicim, a vice president investments, Sean Lefkovits, and Scott Edelstein, all in the Manhattan office assisted in this transaction. * 152 Spring St. This 3-unit, 5,260 s/f landmark building located in the prime retail corridor in Soho, closed at $12.65 million with a 2.58% Cap Rate. Chris Sjurset, a senior associate, also provided representation. * 1090 St. Nicholas Ave. This 42-unit, 6-story asset closed at $8.9 million. Scott Edelstein, a vice president investments, and Sean Lefkovits, an associate, also assisted in this closing.