Marcus & Millichap

Scott Edelstein

Overview




Scott Edelstein began his career in real estate at the age of 19, selling residential property in order to pay for college. After graduating from California State University, Northridge, Scott continued his quest for knowledge - earning a Master’s degree from Northwestern University. At Marcus & Millichap, he focused that expertise and energy on the Manhattan Investment Sales market and he continues to be one of the most active mixed-use and multi-family experts in the borough.

Year after year, Scott’s commitment and creativity have made him a top producer in the Manhattan office. His tenacity and attention to detail have repeatedly benefitted his clients by garnering market making sale prices. One of his most notable recent transactions – a $33,000,000 note sale (secured by a historic Upper East Side mansion) was consummated just hours before the public auction.
As a member of Marcus & Millichap’s Special Asset Services group, Scott continues to devise and execute innovative solutions that bring about the best possible outcomes for those clients who face challenging circumstances.
Away from the office, Scott enjoys playing guitar and spending time with his wife and their two young boys. He is an avid photographer and our resident technology expert. He currently resides on the Upper West Side

Manhattan
Scott Edelstein

Scott Edelstein

Licensed Associate Real Estate Broker
Tel: (212) 430-5137
Fax: (212) 430-5110

License:  NY  30ED1104405

- National Multi Housing Group
- Special Asset Services Group
- Institutional Property Advisors - Multifamily Investment Sales

Promoted in July, 2007
Promoted in April, 2009
Promoted in July, 2011
Promoted in July, 2012
Promoted in July, 2016
Promoted in January, 2017

California State University at Northridge
Northwestern University

National Achievement Award - 2016, 2015, 2014, 2013, 2012
Sales Recognition Award - 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2008
Platinum - 2016, 2015

Listed Properties

Transactions Closed

  • 104 East 30th Street

    104 East 30th Street

    Multifamily & Retail

    New York, NY
    Price: $7,150,000
    Size: 5,875 sqft
    Size: 06 units
    Cap Rate: 3.25%

  • 223 Mott St

    223 Mott St

    Multifamily & Retail

    New York, NY
    Price: $9,500,000
    Size: 8,305 sqft
    Size: 18 units
    Cap Rate: 1.65%

  • 249 East Route 10

    249 East Route 10

    Shopping Strip

    East Hanover , NJ
    Price: $2,450,000
    Size: 6,725 sqft
    Cap Rate: 7.80%

  • 395 Woodbine Street

    395 Woodbine Street

    Multifamily

    Brooklyn, NY
    Price: $1,350,000
    Size: 3,990 sqft
    Size: 06 units
    Cap Rate: 1.57%

  • 122 4th Ave

    122 4th Ave

    Multifamily

    Brooklyn, NY
    Price: $2,100,000
    Size: 1,700 sqft
    Size: 02 units
    Cap Rate: 1.55%

  • 339 East 75th Street

    339 East 75th Street

    Multifamily & Retail

    New York, NY
    Price: $9,800,000
    Size: 8,370 sqft
    Cap Rate: 3.68%

  • 46 Bank Street

    46 Bank Street

    Multifamily

    New York, NY
    Price: $6,260,000
    Size: 7,145 sqft
    Size: 11 units
    Cap Rate: 0.55%

  • 285 Troutman St

    285 Troutman St

    Multifamily

    Brooklyn, NY
    Price: $2,300,000
    Size: 3,827 sqft
    Size: 05 units
    Cap Rate: 4.55%

  • Multi-Property Sale

    Multi-Property Sale

    Multifamily

    New York, NY
    Price: $23,000,000
    Size: 47,500 sqft
    Size: 100 units
    Cap Rate: 4.40%

  • 46 Grand Street

    46 Grand Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $4,200,000
    Size: 4,532 sqft

  • Chipotle

    Chipotle

    Net Leased Auto Service - Gas/Conv.

    Wilmington, DE
    Price: $2,875,000
    Size: 2,200 sqft
    Cap Rate: 5.17%

  • 15 Wilson Avenue

    15 Wilson Avenue

    Multifamily

    Brooklyn, NY
    Price: $2,350,000
    Size: 3,504 sqft
    Size: 06 units
    Cap Rate: 6.97%

  • 316 Lexington Ave

    316 Lexington Ave

    Multifamily & Retail

    New York, NY
    Price: $7,037,500
    Size: 5,844 sqft
    Size: 10 units
    Cap Rate: 3.50%

  • 35 Claver Place

    35 Claver Place

    Multifamily & Retail

    Brooklyn, NY
    Price: $14,200,000
    Size: 35,714 sqft
    Cap Rate: 1.67%

  • 239-241 Marcus Garvey Boulevard

    239-241 Marcus Garvey Boulevard

    Land - Mixed-Use

    Brooklyn , NY
    Price: $2,675,000

  • 832 Avenue of the Americas

    832 Avenue of the Americas

    Multifamily & Retail

    New York, NY
    Price: $12,750,000
    Size: 4,988 sqft
    Cap Rate: 1.58%

  • 165 Avenue B

    165 Avenue B

    Multifamily & Retail

    New York, NY
    Price: $7,215,000
    Size: 5,608 sqft
    Cap Rate: 4.27%

  • 333 East 83rd Street

    333 East 83rd Street

    Multifamily

    New York, NY
    Price: $6,600,000
    Size: 8,835 sqft
    Size: 10 units
    Cap Rate: 2.32%

  • 146 East 89th Street

    146 East 89th Street

    Multifamily

    New York, NY
    Price: $5,075,000
    Size: 5,404 sqft
    Size: 08 units
    Cap Rate: 4.11%

  • 104 East 85th Street

    104 East 85th Street

    Multifamily Vacant/User

    New York, NY
    Price: $12,500,000
    Size: 9,745 sqft
    Size: 20 units

  • 523B East 85th Street

    523B East 85th Street

    Multifamily

    New York, NY
    Price: $8,140,000
    Size: 8,375 sqft
    Size: 07 units
    Cap Rate: 3.95%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Albany, GA
    Price: $1,648,000
    Size: 8,320 sqft
    Cap Rate: 6.47%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Augusta, GA
    Price: $1,877,000
    Size: 8,320 sqft
    Cap Rate: 6.20%

  • 424 Bleecker Street

    424 Bleecker Street

    Multifamily

    Brooklyn, NY
    Price: $1,225,000
    Size: 4,860 sqft
    Size: 06 units
    Cap Rate: 3.14%

  • 192 8th Avenue

    192 8th Avenue

    Land - Mixed-Use

    New York, NY
    Price: $8,250,000

  • 158 Withers Street

    158 Withers Street

    Multifamily

    Brooklyn, NY
    Price: $2,050,000
    Size: 3,702 sqft
    Size: 06 units
    Cap Rate: 2.06%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    Jacksonville, FL
    Price: $4,183,781
    Size: 7,028 sqft
    Cap Rate: 5.95%

  • 479 Atlantic Avenue

    479 Atlantic Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $2,825,000
    Size: 3,200 sqft
    Cap Rate: 2.70%

  • 161-163 Court Street

    161-163 Court Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $13,600,000
    Size: 9,001 sqft

  • 179A 4th Avenue

    179A 4th Avenue

    Multifamily

    Brooklyn, NY
    Price: $1,985,000
    Size: 3,070 sqft
    Size: 04 units
    Cap Rate: 3.44%

  • 2235 Gleason Ave

    2235 Gleason Ave

    Multifamily

    Bronx, NY
    Price: $4,255,000
    Size: 20,750 sqft
    Size: 25 units
    Cap Rate: 5.11%

  • 2709 Heath Avenue

    2709 Heath Avenue

    Multifamily

    Bronx, NY
    Price: $5,500,000
    Size: 39,150 sqft
    Size: 36 units
    Cap Rate: 4.45%

  • The Heights Apartments

    The Heights Apartments

    Multifamily

    Sunnyside, WA
    Price: $1,925,000
    Size: 21,476 sqft
    Size: 34 units
    Cap Rate: 8.31%

  • 119 5th Avenue

    119 5th Avenue

    Multifamily

    Brooklyn, NY
    Price: $3,600,000
    Size: 3,200 sqft
    Size: 03 units
    Cap Rate: 2.84%

  • 19 Frost Street

    19 Frost Street

    Land - Multi-Family

    Brooklyn, NY
    Price: $2,075,000
    Size: 03 units
    Cap Rate: 3.47%

  • 460 South Broadway

    460 South Broadway

    Urban-High Street Retail

    Yonkers, NY
    Price: $610,000
    Size: 2,484 sqft
    Cap Rate: 7.57%

  • 1815-1817 Victory Boulevard

    1815-1817 Victory Boulevard

    Shopping Strip

    Staten Island, NY
    Price: $1,820,000
    Size: 3,000 sqft
    Cap Rate: 6.48%

  • 66 South 2nd Street

    66 South 2nd Street

    Retail & Industrial

    Brooklyn, NY
    Price: $5,400,000
    Size: 3,750 sqft
    Cap Rate: 1.68%

  • Long Island Retail Center

    Long Island Retail Center

    Shopping Neighborhood

    Long Island, NY
    Price: $23,600,000
    Size: 38,500 sqft
    Cap Rate: 5.10%

  • 217 Court Street

    217 Court Street

    Mixed-Use Vacant/User

    Brooklyn, NY
    Price: $5,950,000
    Size: 8,405 sqft
    Size: 08 units

  • 19-24 Linden Street

    19-24 Linden Street

    Multifamily

    Ridgewood, NY
    Price: $1,325,000
    Size: 5,175 sqft
    Size: 06 units
    Cap Rate: 3.37%

  • 349 Myrtle Avenue

    349 Myrtle Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $2,237,500
    Size: 2,717 sqft
    Size: 02 units
    Cap Rate: 2.38%

  • Putnam Portfolio

    Putnam Portfolio

    Multifamily

    Ridgewood, NY
    Price: $5,500,000
    Size: 16,965 sqft
    Size: 23 units
    Cap Rate: 3.33%

  • 515 and 526 West 139th Street

    515 and 526 West 139th Street

    Multifamily

    New York, NY
    Price: $13,600,000
    Size: 34,805 sqft
    Size: 41 units
    Cap Rate: 3.74%

  • 131-133 Devoe Street

    131-133 Devoe Street

    Multifamily

    Brooklyn, NY
    Price: $3,800,000
    Size: 4,206 sqft
    Size: 05 units
    Cap Rate: 1.30%

  • 1260 Myrtle Avenue

    1260 Myrtle Avenue

    Mixed-Use Vacant/User

    Brooklyn, NY
    Price: $1,825,000
    Size: 4,525 sqft

  • 96 Bedford Avenue

    96 Bedford Avenue

    Multifamily

    Brooklyn, NY
    Price: $5,650,000
    Size: 5,696 sqft
    Size: 08 units
    Cap Rate: 0.24%

  • 218 & 223 East 74th Street

    218 & 223 East 74th Street

    Multifamily & Retail

    New York, NY
    Price: $17,000,000
    Size: 17,950 sqft
    Cap Rate: 2.68%

  • 40-07 73rd Street

    40-07 73rd Street

    Multifamily & Retail

    Jackson Heights, NY
    Price: $29,350,000
    Size: 48,916 sqft
    Cap Rate: 5.04%

  • Walgreens Near Yale University

    Walgreens Near Yale University

    Net Leased Drug Store

    Guilford (New Haven), CT
    Price: $6,575,000
    Size: 14,259 sqft
    Cap Rate: 5.84%

  • 414-416 East 78th Street

    414-416 East 78th Street

    Multifamily

    New York, NY
    Price: $11,200,000
    Size: 15,000 sqft
    Size: 31 units
    Cap Rate: 3.63%

  • Wendy's (New 15-Year Lease)

    Wendy's (New 15-Year Lease)

    Net Leased Restaurant

    Benwood, WV
    Price: $1,215,000
    Size: 2,654 sqft
    Cap Rate: 6.17%

  • 100 Wycoff Street

    100 Wycoff Street

    Multifamily

    Brooklyn, NY
    Price: $3,850,000
    Size: 6,930 sqft
    Size: 08 units
    Cap Rate: 1.73%

  • 104 Terrace View Avenue

    104 Terrace View Avenue

    Multifamily

    New York, NY
    Price: $2,950,000
    Size: 10,690 sqft
    Size: 12 units
    Cap Rate: 4.28%

  • 4-6 Bleecker Street

    4-6 Bleecker Street

    Multifamily

    New York, NY
    Price: $2,000,000
    Size: 6,480 sqft
    Size: 09 units
    Cap Rate: 8.90%

  • 22-24 Wilson Avenue

    22-24 Wilson Avenue

    Multifamily

    Brooklyn, NY
    Price: $2,900,000
    Size: 11,860 sqft
    Size: 07 units
    Cap Rate: 2.13%

  • 239 Elizabeth Street

    239 Elizabeth Street

    Multifamily & Retail

    New York, NY
    Price: $7,190,000
    Size: 7,670 sqft
    Cap Rate: 1.94%

  • 426 West 22nd Street

    426 West 22nd Street

    Multifamily

    New York, NY
    Price: $7,350,000
    Size: 4,660 sqft
    Size: 03 units
    Cap Rate: 2.36%

  • 34 West 21st Street

    34 West 21st Street

    Land - Multi-Family

    New York, NY
    Price: $4,230,000

  • 1391 Saint Johns Place

    1391 Saint Johns Place

    Multifamily

    Brooklyn, NY
    Price: $1,500,000
    Size: 08 units
    Cap Rate: 4.32%

  • Wendy's

    Wendy's

    Net Leased Restaurant

    Powder Springs, GA
    Price: $2,181,818
    Size: 2,777 sqft
    Cap Rate: 5.50%

  • 118 East 93rd Street

    118 East 93rd Street

    Multifamily

    New York, NY
    Price: $38,500,000
    Size: 42,857 sqft
    Size: 38 units
    Cap Rate: 2.52%

  • 702-726 East 103rd Street

    702-726 East 103rd Street

    Multifamily

    Brooklyn, NY
    Price: $8,150,000
    Size: 71,280 sqft
    Size: 72 units
    Cap Rate: 5.40%

  • Chick-Fil-A

    Chick-Fil-A

    Net Leased Restaurant

    Middletown, DE
    Price: $2,407,058
    Size: 2,500 sqft
    Cap Rate: 4.25%

  • 247 Audubon Avenue

    247 Audubon Avenue

    Multifamily & Retail

    New York, NY
    Price: $12,300,000
    Size: 49,380 sqft
    Cap Rate: 3.36%

  • 285 MacDonough Street

    285 MacDonough Street

    Multifamily

    Brooklyn, NY
    Price: $2,150,000
    Size: 5,200 sqft
    Size: 07 units
    Cap Rate: 1.10%

  • 1933 Woodbine Street

    1933 Woodbine Street

    Multifamily

    Flushing, NY
    Price: $1,300,000
    Size: 3,450 sqft
    Size: 04 units
    Cap Rate: 5.03%

  • 135 Devoe Street

    135 Devoe Street

    Multifamily

    Brooklyn, NY
    Price: $1,725,000
    Size: 4,125 sqft
    Size: 06 units
    Cap Rate: 4.24%

  • Red Lobster

    Red Lobster

    Net Leased Restaurant

    San Antonio, TX
    Size: 8,782 sqft
    Cap Rate: 5.75%

  • 69 Havemeyer Street

    69 Havemeyer Street

    Multifamily

    Brooklyn, NY
    Price: $2,715,000
    Size: 6,200 sqft
    Size: 08 units
    Cap Rate: 1.65%

  • 2028 Gates Avenue

    2028 Gates Avenue

    Multifamily Vacant/User

    Queens, NY
    Price: $1,550,000
    Size: 5,600 sqft
    Size: 06 units

  • 69 Clinton Street

    69 Clinton Street

    Multifamily & Retail

    New York, NY
    Price: $8,800,000
    Size: 7,000 sqft
    Cap Rate: 4.80%

  • 148 West 142nd Street

    148 West 142nd Street

    Multifamily

    New York, NY
    Price: $16,500,000
    Size: 57,112 sqft
    Size: 55 units
    Cap Rate: 3.80%

  • Burger King

    Burger King

    Net Leased Restaurant

    Highland, MI
    Price: $1,323,770
    Size: 3,250 sqft
    Cap Rate: 6.10%

  • 329 East 10th Street

    329 East 10th Street

    Multifamily

    New York, NY
    Price: $11,400,000
    Size: 9,000 sqft
    Size: 10 units
    Cap Rate: 4.39%

  • 151 Norfolk Street

    151 Norfolk Street

    Multifamily

    New York, NY
    Price: $13,000,000
    Size: 22,404 sqft
    Size: 35 units
    Cap Rate: 1.54%

  • Natural Grocers

    Natural Grocers

    Net Leased Restaurant

    Wheat Ridge, CO
    Price: $7,130,435
    Size: 15,000 sqft
    Cap Rate: 5.75%

  • Town Plaza

    Town Plaza

    Shopping Neighborhood

    New City, NY
    Price: $10,750,000
    Size: 30,718 sqft
    Cap Rate: 6.94%

  • 247 Himrod Street

    247 Himrod Street

    Multifamily

    Brooklyn, NY
    Price: $1,350,000
    Size: 3,828 sqft
    Size: 06 units
    Cap Rate: 2.43%

  • Family Dollar | 15 Year NNN

    Family Dollar | 15 Year NNN

    Net Leased Discount

    Chalmette (New Orleans MSA), LA
    Price: $2,057,984
    Size: 8,320 sqft
    Cap Rate: 6.35%

  • The Shorewood

    The Shorewood

    Multifamily

    Phoenix, AZ
    Price: $2,650,000
    Size: 20,860 sqft
    Size: 21 units
    Cap Rate: 6.44%

  • 80 A 4th Avenue

    80 A 4th Avenue

    Multifamily

    Brooklyn, NY
    Price: $2,125,000
    Size: 3,640 sqft
    Size: 03 units
    Cap Rate: 3.84%

  • 524 Lorimer Street

    524 Lorimer Street

    Multifamily & Retail

    Brooklyn, NY
    Price: $4,000,000
    Size: 3,384 sqft
    Size: 03 units
    Cap Rate: 5.08%

  • 102 Convent Avenue

    102 Convent Avenue

    Multifamily

    New York, NY
    Price: $11,000,000
    Size: 24,465 sqft
    Size: 34 units
    Cap Rate: 3.64%

  • 56-58 Greenpoint Avenue

    56-58 Greenpoint Avenue

    Land - Mixed-Use

    Brooklyn, NY
    Price: $4,350,000

  • Middleburg Bank

    Middleburg Bank

    Net Leased Bank

    Ashburn, VA
    Price: $7,000,000
    Size: 3,950 sqft
    Cap Rate: 5.11%

  • 34-18 28th Street

    34-18 28th Street

    Multifamily

    Queens, NY
    Price: $1,975,000
    Size: 4,800 sqft
    Size: 06 units
    Cap Rate: 4.18%

  • 308-312 West 113th Street

    308-312 West 113th Street

    Multifamily

    New York, NY
    Price: $8,000,000
    Size: 9,732 sqft
    Size: 24 units
    Cap Rate: 4.14%

  • 12 Wilson Avenue

    12 Wilson Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $2,025,000
    Size: 4,350 sqft
    Cap Rate: 4.15%

  • 175 Knickerbocker Avenue

    175 Knickerbocker Avenue

    Multifamily & Retail

    Brooklyn, NY
    Price: $2,125,000
    Size: 4,725 sqft
    Size: 04 units
    Cap Rate: 1.91%

  • 76 Franklin Street

    76 Franklin Street

    Multifamily

    Brooklyn, NY
    Price: $5,500,000
    Size: 6,727 sqft
    Size: 08 units
    Cap Rate: 3.27%

  • TD Bank

    TD Bank

    Net Leased Bank

    Hialeah, FL
    Price: $8,845,361
    Size: 5,000 sqft
    Cap Rate: 4.85%

  • 317-319 West 35th Street

    317-319 West 35th Street

    Land - Mixed-Use

    New York, NY
    Price: $28,000,000

  • 314-316 50th Street

    314-316 50th Street

    Multifamily

    Brooklyn, NY
    Price: $6,750,000
    Size: 15,792 sqft
    Size: 20 units
    Cap Rate: 5.15%

  • 5952 Madison Street

    5952 Madison Street

    Multifamily

    Ridgewood, NY
    Price: $1,250,000
    Size: 4,275 sqft
    Size: 05 units
    Cap Rate: 2.54%

  • 1184 Bushwick Avenue

    1184 Bushwick Avenue

    Multifamily

    Brooklyn, NY
    Price: $1,550,000
    Size: 4,924 sqft
    Size: 04 units
    Cap Rate: 1.75%

  • Home Depot

    Home Depot

    Net Leased Department Store

    Seabrook, NH
    Price: $15,047,619
    Size: 136,725 sqft
    Cap Rate: 5.25%

  • Family Dollar

    Family Dollar

    Net Leased Discount

    Linn, MO
    Price: $1,508,393
    Size: 8,353 sqft
    Cap Rate: 6.60%

  • 166 Wilson Avenue

    166 Wilson Avenue

    Multifamily

    Brooklyn, NY
    Price: $1,300,000
    Size: 4,125 sqft
    Size: 06 units
    Cap Rate: 4.21%

  • 147 Grand Street

    147 Grand Street

    Multifamily

    Brooklyn, NY
    Price: $4,175,000
    Size: 3,444 sqft
    Size: 05 units
    Cap Rate: 2.78%

There are additional transactions closed, contact us for more.