Press Releases
Marcus & Millichap Brokers Sale of Multifamily Portfolio in Upper Manhattan
January 09, 2026
NEW YORK, Jan. 9, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Finite Homes portfolio, a Harlem-based multifamily portfolio consisting of 14 buildings and one vacant lot.
“After being under contract for more than two years, we were finally able to close with an affordable housing buyer who jumped through more hoops than I can count,” said Seth Glasser of Marcus & Millichap’s New York Multifamily Group in Manhattan. “The buyer’s willingness and expertise to navigate HPD was truly exceptional,” added Michael Fusco.
Glasser and Fusco exclusively marketed the portfolio on behalf of the seller, Finite Homes LLC, and procured the buyer, Heritage Affordable.
The Finite Homes portfolio includes 130 apartments and six retail spaces, with the properties concentrated along 125th Street, Harlem’s primary commercial corridor. The residential mix ranges from studios to four-bedroom units, and five of the six retail spaces provide street-level exposure along the corridor.
The properties have direct access to multiple subway lines and proximity to major neighborhood anchors, including the Apollo Theater, Marcus Garvey Park and Harlem Hospital.
“After being under contract for more than two years, we were finally able to close with an affordable housing buyer who jumped through more hoops than I can count,” said Seth Glasser of Marcus & Millichap’s New York Multifamily Group in Manhattan. “The buyer’s willingness and expertise to navigate HPD was truly exceptional,” added Michael Fusco.
Glasser and Fusco exclusively marketed the portfolio on behalf of the seller, Finite Homes LLC, and procured the buyer, Heritage Affordable.
The Finite Homes portfolio includes 130 apartments and six retail spaces, with the properties concentrated along 125th Street, Harlem’s primary commercial corridor. The residential mix ranges from studios to four-bedroom units, and five of the six retail spaces provide street-level exposure along the corridor.
The properties have direct access to multiple subway lines and proximity to major neighborhood anchors, including the Apollo Theater, Marcus Garvey Park and Harlem Hospital.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
