Marcus & Millichap negotiated the sale of an 82,000-square-foot Storage Deluxe property in the Bronx, N.Y. 

The value of the transaction was approximately $14.2 million.

A New York investment partnership sold the property to Salt Lake City-based Extra Space Storage.

The Storage Deluxe facility is located at 245 W. Fordham Road. The building was completely renovated and converted to self-storage by the seller in 1999.

The property’s 1,270 storage units were 87 percent occupied at the time of sale.

Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage.

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