HACKENSACK, NJ—Massey Knakal has arranged the $14 million sale of a luxury, 40-unit, eight-story apartment building known as The Marquee.  Located at 29 1st Street between Essex and Atlantic Streets in Hackensack, Bergen County, the property was sold in an all-cash transaction valued at $13,995,000.

The building contains approximately 90,000 square feet. Built in 2011, with steel reinforced concrete, the building features high-end finishes in both the common areas and units. Each unit features an open floor plan, high ceilings, granite countertops, stainless steel appliances, hardwood floors, floor-to-ceiling windows, HVAC unit, washer/dryer unit, walk-in closet, marble bathrooms with Jacuzzi tub and dual vanity sinks. The sale price equates to approximately $350,000 per apartment unit.

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