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

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

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%

  • 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%

  • 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%

  • 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

  • 15 East 36th Street

    15 East 36th Street

    Multifamily

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

  • 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%

  • 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%

  • 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%

  • 100 Lexington Avenue

    100 Lexington Avenue

    Multifamily & Retail

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

  • 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

  • 308 West 82nd Street

    308 West 82nd Street

    Multifamily

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

  • 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

  • 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%

  • 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%

  • 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%

  • 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%

  • 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%

  • 247 Audubon Avenue

    247 Audubon Avenue

    Multifamily & Retail

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

  • 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%

  • 747 Ninth Avenue

    747 Ninth Avenue

    Multifamily & Retail

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

  • 165 West 23rd Street

    165 West 23rd Street

    Multifamily & Retail

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

  • 228 Avenue B

    228 Avenue B

    Multifamily & Retail

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

  • 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%

  • 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%

  • 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%

  • 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%

  • 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%

  • 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

  • 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%

  • 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%

  • 69 Clinton Street

    69 Clinton Street

    Multifamily & Retail

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

  • 575-587 W 177th Street

    575-587 W 177th Street

    Multifamily

    New York, NY
    Price: $8,750,000
    Size: 48,350 sqft
    Size: 87 units
    Cap Rate: 4.88%

  • 202 West 84th Street

    202 West 84th Street

    Multifamily

    New York, NY
    Price: $8,375,000
    Size: 9,510 sqft
    Size: 11 units
    Cap Rate: 4.27%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    McMurray, PA
    Price: $8,320,000
    Size: 14,640 sqft
    Cap Rate: 6.50%

  • 664 Avenue of the Americas

    664 Avenue of the Americas

    Multifamily & Retail

    New York, NY
    Price: $8,150,000
    Size: 4,660 sqft
    Size: 04 units
    Cap Rate: 2.87%

  • 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%

  • 203 West 107th Street

    203 West 107th Street

    Multifamily

    New York, NY
    Price: $8,050,000
    Size: 34,514 sqft
    Size: 28 units
    Cap Rate: 3.45%

  • 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%

  • 83 East 7th Street

    83 East 7th Street

    Multifamily & Retail

    New York, NY
    Price: $8,000,000
    Size: 8,200 sqft
    Cap Rate: 3.76%

  • 157-159 Wythe Avenue

    157-159 Wythe Avenue

    Land - Retail

    Brooklyn, NY
    Price: $8,000,000

  • 440-450 Audubon Avenue

    440-450 Audubon Avenue

    Multifamily

    New York, NY
    Price: $7,810,000
    Size: 66,240 sqft
    Size: 71 units
    Cap Rate: 10.43%

  • 323 East 90th Street

    323 East 90th Street

    Multifamily

    New York, NY
    Price: $7,700,000
    Size: 8,605 sqft
    Size: 12 units
    Cap Rate: 2.83%

  • 724 and 726 Dekalb Avenue

    724 and 726 Dekalb Avenue

    Multifamily

    Brooklyn, NY
    Price: $7,600,000
    Size: 32,407 sqft
    Size: 34 units
    Cap Rate: 4.50%

  • 216 East 53rd Stret

    216 East 53rd Stret

    Mixed-Use Vacant/User

    New York, NY
    Price: $7,450,000
    Size: 6,880 sqft

  • 338 East 70th Street

    338 East 70th Street

    Multifamily

    New York, NY
    Price: $7,400,000
    Size: 8,633 sqft
    Size: 19 units
    Cap Rate: 2.20%

  • 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%

  • 16 West 86th Street

    16 West 86th Street

    Multifamily

    New York, NY
    Price: $7,200,000
    Size: 11 units
    Cap Rate: 3.48%

  • 239 Elizabeth Street

    239 Elizabeth Street

    Multifamily & Retail

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

  • Natural Grocers

    Natural Grocers

    Net Leased Restaurant

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

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Albuquerque, NM
    Price: $7,110,000
    Size: 14,722 sqft
    Cap Rate: 5.63%

  • 315 Pleasant Avenue

    315 Pleasant Avenue

    Multifamily & Retail

    New York, NY
    Price: $7,000,000
    Size: 18,466 sqft
    Size: 25 units
    Cap Rate: 4.27%

  • 564 West 189th Street

    564 West 189th Street

    Multifamily & Retail

    New York, NY
    Price: $7,000,000
    Size: 22,850 sqft
    Cap Rate: 2.52%

  • Middleburg Bank

    Middleburg Bank

    Net Leased Bank

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

  • 188 & 190 Wadsworth Avenue

    188 & 190 Wadsworth Avenue

    Multifamily

    New York, NY
    Price: $6,825,000
    Size: 40,750 sqft
    Size: 44 units
    Cap Rate: 4.94%

  • 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%

  • 248 East 32nd Street

    248 East 32nd Street

    Multifamily

    New York, NY
    Price: $6,600,000
    Size: 5,750 sqft
    Size: 07 units
    Cap Rate: 3.48%

  • 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%

There are additional transactions closed, contact us for more.