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 - 2017, 2016, 2015, 2014, 2013, 2012
Sales Recognition Award - 2017, 2016, 2015, 2014, 2013, 2012, 2011, 2010, 2008
Platinum - 2016, 2015

Listed Properties

Transactions Closed

  • The ESM Portfolio

    The ESM Portfolio

    Multifamily

    New York, NY
    Price: $131,500,000
    Size: 28,935 sqft
    Size: 256 units
    Cap Rate: 3.68%

  • BK18 Portfolio

    BK18 Portfolio

    Multifamily

    Brooklyn, NY
    Price: $72,930,000
    Size: 207 units
    Cap Rate: 4.99%

  • Jones L.E.S.

    Jones L.E.S.

    Multifamily

    New York, NY
    Price: $61,250,000
    Size: 78 units
    Cap Rate: 4.51%

  • 50-58 East Third Street

    50-58 East Third Street

    Multifamily

    New York, NY
    Price: $58,000,000
    Size: 71 units
    Cap Rate: 4.88%

  • Mohawk Apartments

    Mohawk Apartments

    Multifamily

    Brooklyn, NY
    Price: $56,500,000
    Size: 87 units
    Cap Rate: 2.43%

  • 315 West 35th Street

    315 West 35th Street

    Office Vacant/User

    New York, NY
    Price: $43,000,000

  • 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%

  • Bronx Six Portfolio

    Bronx Six Portfolio

    Multifamily

    Bronx, NY
    Price: $38,500,000
    Size: 184,381 sqft
    Size: 209 units
    Cap Rate: 4.76%

  • 56 West 11th Street

    56 West 11th Street

    Multifamily

    New York, NY
    Price: $37,750,000
    Size: 27,184 sqft
    Size: 36 units
    Cap Rate: 3.46%

  • Southside Wythe Avenue Assemblage

    Southside Wythe Avenue Assemblage

    Land - Mixed-Use

    Williamsburg, NY
    Price: $36,200,000

  • 344 West 14th Street

    344 West 14th Street

    Multifamily & Retail

    New York, NY
    Price: $33,500,000
    Size: 25,100 sqft
    Cap Rate: 3.31%

  • 15 East 36th Street

    15 East 36th Street

    Multifamily

    New York, NY
    Price: $33,000,000
    Size: 56 units
    Cap Rate: 2.39%

  • Henry T. Sloane Mansion

    Henry T. Sloane Mansion

    Multifamily Vacant/User

    New York, NY
    Price: $33,000,000
    Size: 18,267 sqft
    Size: 01 units

  • Wellington Apartments (OREP Portfolio)

    Wellington Apartments (OREP Portfolio)

    Multifamily

    West Des Moines, IA
    Price: $32,500,000
    Size: 588,406 sqft
    Size: 420 units
    Cap Rate: 14.05%

  • The Inwood Portfolio

    The Inwood Portfolio

    Multifamily

    New York, NY
    Price: $31,000,000
    Size: 150,084 sqft
    Size: 186 units
    Cap Rate: 4.80%

  • 455 Hudson Street

    455 Hudson Street

    Multifamily & Retail

    Manhattan, NY
    Price: $30,000,000
    Size: 26,400 sqft
    Size: 40 units
    Cap Rate: 3.75%

  • 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%

  • 31-33 Second Avenue

    31-33 Second Avenue

    Multifamily & Retail

    New York, NY
    Price: $29,000,000
    Size: 22,450 sqft
    Cap Rate: 4.86%

  • 243 East 33rd Street, 244 East 33rd Street, 247-24

    243 East 33rd Street, 244 East 33rd Street, 247-24

    Multifamily & Retail

    New York, NY
    Price: $29,000,000
    Size: 35,638 sqft
    Cap Rate: 3.84%

  • 317-319 West 35th Street

    317-319 West 35th Street

    Land - Mixed-Use

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

  • 3671 Broadway

    3671 Broadway

    Multifamily & Retail

    New York, NY
    Price: $27,000,000
    Size: 69,876 sqft
    Cap Rate: 5.17%

  • 12 Perry Street

    12 Perry Street

    Multifamily & Retail

    New York, NY
    Price: $24,991,000
    Size: 20,474 sqft
    Size: 19 units
    Cap Rate: 3.43%

  • 6 Greene Street

    6 Greene Street

    Multifamily & Retail

    New York, NY
    Price: $24,000,000
    Size: 33,374 sqft
    Cap Rate: 1.51%

  • Orchard Street Hotel

    Orchard Street Hotel

    Hotel/Motel

    New York, NY
    Price: $23,750,000
    Size: 50 units
    Cap Rate: 7.17%

  • 680 Saint Nicholas Avenue

    680 Saint Nicholas Avenue

    Multifamily

    New York, NY
    Price: $23,650,000
    Size: 132,300 sqft
    Size: 117 units
    Cap Rate: 5.66%

  • 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%

  • Northern Manhattan Portfolio

    Northern Manhattan Portfolio

    Multifamily

    New York, NY
    Price: $23,300,000
    Size: 11,384,360 sqft
    Size: 130 units
    Cap Rate: 5.55%

  • 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%

  • 100 Lexington Avenue

    100 Lexington Avenue

    Multifamily & Retail

    New York, NY
    Price: $21,600,000
    Size: 7,600 sqft
    Cap Rate: 4.67%

  • 236 W 10th St

    236 W 10th St

    Multifamily & Retail

    New York, NY
    Price: $21,000,000
    Size: 20,073 sqft
    Size: 34 units
    Cap Rate: 2.86%

  • 83-85 Worth Street

    83-85 Worth Street

    Land - Office

    New York, NY
    Price: $21,000,000
    Size: 05 units

  • 30-58-64 Realty

    30-58-64 Realty

    Multifamily

    Astoria, NY
    Price: $20,500,000
    Size: 49,600 sqft
    Size: 70 units
    Cap Rate: 2.91%

  • 277 W 11th St

    277 W 11th St

    Multifamily

    New York, NY
    Price: $20,000,000
    Size: 22,686 sqft
    Size: 37 units
    Cap Rate: 2.78%

  • 231-235 West 230th Street

    231-235 West 230th Street

    Multifamily & Retail

    New York, NY
    Price: $20,000,000
    Size: 79,630 sqft
    Size: 91 units
    Cap Rate: 4.00%

  • 326-328 East 4th Street

    326-328 East 4th Street

    Multifamily

    New York, NY
    Price: $20,000,000
    Size: 19,500 sqft
    Size: 20 units
    Cap Rate: 4.54%

  • Phase Piggy Back Portfolio

    Phase Piggy Back Portfolio

    Multifamily

    New York, NY
    Price: $19,500,000
    Size: 266,918 sqft
    Size: 293 units
    Cap Rate: 5.13%

  • Eagle View Court

    Eagle View Court

    Multifamily Tax Credit

    Middle Island, NY
    Price: $18,400,000
    Size: 143,940 sqft
    Size: 150 units
    Cap Rate: 5.73%

  • 1050-1066 Manhattan Avenue

    1050-1066 Manhattan Avenue

    Land - Multi-Family

    Brooklyn, NY
    Price: $18,000,000
    Size: 17,500 sqft

  • 145 West 10th Street

    145 West 10th Street

    Multifamily & Retail

    New York, NY
    Price: $18,000,000
    Size: 16,800 sqft
    Size: 27 units
    Cap Rate: 2.74%

  • 63 Perry St

    63 Perry St

    Multifamily

    New York, NY
    Price: $18,000,000
    Size: 19,788 sqft
    Size: 27 units
    Cap Rate: 1.49%

  • 308 West 82nd Street

    308 West 82nd Street

    Multifamily

    New York, NY
    Price: $17,100,000
    Size: 49 units
    Cap Rate: 2.75%

  • 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%

  • 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%

  • 105 Grand Avenue

    105 Grand Avenue

    Multifamily

    Brooklyn, NY
    Price: $16,000,000
    Size: 30,535 sqft
    Size: 36 units
    Cap Rate: 7.05%

  • 974 Saint Nicholas Avenue

    974 Saint Nicholas Avenue

    Multifamily

    New York, NY
    Price: $15,500,000
    Size: 55,740 sqft
    Size: 47 units
    Cap Rate: 4.41%

  • Home Depot

    Home Depot

    Net Leased Department Store

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

  • Seven Oaks Apartments (OREP Portfolio)

    Seven Oaks Apartments (OREP Portfolio)

    Multifamily

    Peoria, IL
    Price: $15,000,000
    Size: 258,000 sqft
    Size: 312 units

  • 39 MacDonough Street

    39 MacDonough Street

    Multifamily

    Brooklyn, NY
    Price: $15,000,000
    Size: 50,556 sqft
    Size: 53 units
    Cap Rate: 3.42%

  • 232 Mott Street

    232 Mott Street

    Multifamily & Retail

    New York, NY
    Price: $14,730,000
    Size: 7,598 sqft
    Cap Rate: 2.72%

  • 2450 Frederick Douglass Boulevard

    2450 Frederick Douglass Boulevard

    Multifamily & Retail

    New York, NY
    Price: $14,700,000
    Size: 59,880 sqft
    Cap Rate: 3.62%

  • 102-104 Avenue C

    102-104 Avenue C

    Multifamily & Retail

    New York, NY
    Price: $14,550,000
    Size: 16,679 sqft
    Size: 23 units
    Cap Rate: 5.13%

  • Home Depot

    Home Depot

    Net Leased Miscellaneous

    Seabrook, NH
    Price: $14,363,636
    Size: 136,725 sqft
    Cap Rate: 5.50%

  • 35 Claver Place

    35 Claver Place

    Multifamily & Retail

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

  • 215 West 108th Street & 210 West 109th Street

    215 West 108th Street & 210 West 109th Street

    Multifamily

    New York, NY
    Price: $14,000,000
    Size: 31,435 sqft
    Size: 44 units
    Cap Rate: 4.81%

  • 17-27 West 125th Street

    17-27 West 125th Street

    Multifamily

    New York, NY
    Price: $13,600,000
    Size: 46,200 sqft
    Size: 57 units
    Cap Rate: 4.57%

  • 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%

  • 161-163 Court Street

    161-163 Court Street

    Multifamily & Retail

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

  • 104-110 West 144th Street

    104-110 West 144th Street

    Multifamily

    New York, NY
    Price: $13,300,000
    Size: 51,560 sqft
    Size: 60 units
    Cap Rate: 4.55%

  • 143 Skillman Avenue

    143 Skillman Avenue

    Multifamily

    Brooklyn, NY
    Price: $13,250,000
    Size: 23,000 sqft
    Size: 20 units
    Cap Rate: 4.73%

  • 64-11 Queens Boulevard

    64-11 Queens Boulevard

    Land - Mixed-Use

    Queens, NY
    Price: $13,190,000

  • 933 Amsterdam Avenue

    933 Amsterdam Avenue

    Multifamily & Retail

    New York, NY
    Price: $13,100,000
    Size: 24,312 sqft
    Size: 27 units
    Cap Rate: 3.85%

  • 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%

  • Island Walk North

    Island Walk North

    Shopping Neighborhood

    Fleming Island, FL
    Price: $13,000,000
    Size: 40,805 sqft
    Cap Rate: 5.91%

  • 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%

  • 425-431 West 205th Street

    425-431 West 205th Street

    Multifamily

    New York, NY
    Price: $12,600,000
    Size: 77,967 sqft
    Size: 72 units
    Cap Rate: 4.30%

  • 227 East 89th Street

    227 East 89th Street

    Multifamily

    New York, NY
    Price: $12,500,000
    Size: 11,665 sqft
    Size: 19 units
    Cap Rate: 4.65%

  • 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

  • 247 Audubon Avenue

    247 Audubon Avenue

    Multifamily & Retail

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

  • 747 Ninth Avenue

    747 Ninth Avenue

    Multifamily & Retail

    New York, NY
    Price: $12,000,000
    Size: 9,900 sqft
    Cap Rate: 3.79%

  • 7 East 19th Street

    7 East 19th Street

    Multifamily & Retail

    New York, NY
    Price: $12,000,000
    Size: 10,144 sqft

  • 518 and 234 East 88 Street Package

    518 and 234 East 88 Street Package

    Multifamily

    New York, NY
    Price: $12,000,000
    Size: 17,490 sqft
    Size: 40 units
    Cap Rate: 4.68%

  • 228 Avenue B

    228 Avenue B

    Multifamily & Retail

    New York, NY
    Price: $11,995,000
    Size: 12,613 sqft
    Cap Rate: 3.86%

  • 165 West 23rd Street

    165 West 23rd Street

    Multifamily & Retail

    New York, NY
    Price: $11,995,000
    Size: 8,154 sqft
    Size: 05 units

  • 412 West 36th Street

    412 West 36th Street

    Multifamily

    New York, NY
    Price: $11,500,000
    Size: 10,500 sqft
    Size: 14 units
    Cap Rate: 4.46%

  • 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%

  • 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%

  • 16 Monroe Place and 268 Henry Street

    16 Monroe Place and 268 Henry Street

    Multifamily

    Brooklyn, NY
    Price: $11,200,000
    Size: 14,340 sqft
    Size: 19 units
    Cap Rate: 3.56%

  • 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%

  • 82 Second Avenue

    82 Second Avenue

    Multifamily & Retail

    New York, NY
    Price: $10,900,000
    Size: 4,956 sqft
    Cap Rate: 4.53%

  • Town Plaza

    Town Plaza

    Shopping Neighborhood

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

  • Wildwood Village Apartments (OREP Portfolio)

    Wildwood Village Apartments (OREP Portfolio)

    Multifamily

    Indianapolis, IN
    Price: $10,500,000
    Size: 262,648 sqft
    Size: 324 units

  • 311 West 94th Street

    311 West 94th Street

    Multifamily

    New York, NY
    Price: $10,400,000
    Size: 22,290 sqft
    Size: 24 units
    Cap Rate: 4.26%

  • 19 West 8th Street

    19 West 8th Street

    Multifamily & Retail

    New York, NY
    Price: $10,250,000
    Size: 8,831 sqft
    Size: 09 units
    Cap Rate: 4.28%

  • 316 West 11th Street

    316 West 11th Street

    Multifamily & Retail

    New York, NY
    Price: $10,175,000
    Size: 4,950 sqft
    Size: 06 units
    Cap Rate: 3.85%

  • 2070 Frederick Douglas Boulevard

    2070 Frederick Douglas Boulevard

    Multifamily & Retail

    New York, NY
    Price: $10,100,000
    Size: 15,138 sqft
    Size: 18 units
    Cap Rate: 4.72%

  • 171 East 74th Street

    171 East 74th Street

    Multifamily & Office

    New York, NY
    Price: $10,100,000
    Size: 11,706 sqft
    Size: 20 units
    Cap Rate: 3.26%

  • 1774 Amsterdam Avenue

    1774 Amsterdam Avenue

    Multifamily & Retail

    New York, NY
    Price: $9,950,000
    Size: 21,395 sqft
    Size: 33 units
    Cap Rate: 5.32%

  • 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%

  • 132-134 West 83rd Street

    132-134 West 83rd Street

    Multifamily Vacant/User

    New York, NY
    Price: $9,700,000
    Size: 7,660 sqft
    Size: 04 units

  • 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%

  • 417-419 East 74th Street

    417-419 East 74th Street

    Multifamily & Retail

    New York, NY
    Price: $9,400,000
    Size: 12,612 sqft
    Size: 24 units
    Cap Rate: 2.33%

  • 820-830 Riverside Drive

    820-830 Riverside Drive

    Multifamily

    New York, NY
    Price: $9,300,000
    Size: 50,910 sqft
    Size: 46 units
    Cap Rate: 3.83%

  • 351 West 125th Street

    351 West 125th Street

    Multifamily

    New York, NY
    Price: $9,200,000
    Size: 35,100 sqft
    Size: 42 units
    Cap Rate: 5.59%

  • 168 East 80th Street

    168 East 80th Street

    Multifamily Vacant/User

    New York, NY
    Price: $9,050,000
    Size: 7,800 sqft
    Size: 16 units

  • 54 West 71st STreet

    54 West 71st STreet

    Multifamily

    New York, NY
    Price: $9,000,000
    Size: 6,669 sqft
    Size: 10 units
    Cap Rate: 1.37%

  • Two Property Bronx Portfolio

    Two Property Bronx Portfolio

    Multifamily

    Bronx, NY
    Price: $8,905,000
    Size: 34,235 sqft
    Size: 46 units
    Cap Rate: 9.40%

  • 1090 Saint Nicholas Avenue

    1090 Saint Nicholas Avenue

    Multifamily

    New York, NY
    Price: $8,900,000
    Size: 51,550 sqft
    Size: 42 units
    Cap Rate: 4.93%

  • TD Bank

    TD Bank

    Net Leased Bank

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

  • 69 Clinton Street

    69 Clinton Street

    Multifamily & Retail

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

  • 220 West 116th Street

    220 West 116th Street

    Multifamily

    New York, NY
    Price: $8,800,000
    Size: 49,546 sqft
    Size: 58 units
    Cap Rate: 6.76%

There are additional transactions closed, contact us for more.