Press Releases
Marcus & Millichap Brokers $7.3 Million Sale of Greenwich Village Mixed-Use Property
May 26, 2026
NEW YORK, May 26, 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 18-20 Christopher St., a two-property mixed-use asset in Manhattan’s Greenwich and West Village neighborhood. The asset sold for $7,311,000.
“Congratulations to both parties on a seamless transaction,” said Peter Dodge of the NYM Group of Marcus & Millichap in New York City. “We identified and procured a qualified 1031 exchange buyer who paid more than $1,800 per square foot and closed in 30 days. This sale is a testament to the continued demand for trophy generational assets in the West Village, where we continue to see premium pricing for irreplaceable product in one of Manhattan’s most coveted corridors.”
Joe Koicim, Peter Dodge and Paige DeMutis of Marcus & Millichap exclusively marketed the property on behalf of the seller, a local New York City owner and operator, and procured the buyer, Dalan Real Estate.
Built in 1910, the two adjacent properties span approximately 4,016 square feet and include eight residential units and three commercial spaces occupied by Le Figue and Fonty’s Bodega. Recent improvements include upgraded building systems, renovated common areas, new apartment interiors and a redesigned façade.
Located on Christopher Street between Gay Street and Waverly Place, the property is steps from Sheridan Square and Washington Square Park and surrounded by restaurants, boutique retail and multiple subway lines.
“Congratulations to both parties on a seamless transaction,” said Peter Dodge of the NYM Group of Marcus & Millichap in New York City. “We identified and procured a qualified 1031 exchange buyer who paid more than $1,800 per square foot and closed in 30 days. This sale is a testament to the continued demand for trophy generational assets in the West Village, where we continue to see premium pricing for irreplaceable product in one of Manhattan’s most coveted corridors.”
Joe Koicim, Peter Dodge and Paige DeMutis of Marcus & Millichap exclusively marketed the property on behalf of the seller, a local New York City owner and operator, and procured the buyer, Dalan Real Estate.
Built in 1910, the two adjacent properties span approximately 4,016 square feet and include eight residential units and three commercial spaces occupied by Le Figue and Fonty’s Bodega. Recent improvements include upgraded building systems, renovated common areas, new apartment interiors and a redesigned façade.
Located on Christopher Street between Gay Street and Waverly Place, the property is steps from Sheridan Square and Washington Square Park and surrounded by restaurants, boutique retail and multiple subway lines.
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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, 2025, the company had 1,808 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 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
