Avison Young Brokers Facilitate $14.5M Sale Of Two Bridges Church Property

In a recent sale transaction in the Two Bridges neighborhood of Manhattan, a church located at 53 Catherine Street and 5 Monroe Street changed ownership. The property was sold for a total price of $14,500,000. The church spans across 49,939 square feet, resulting in a price per square foot of $290.

Summary of transaction details:

• Property Type: Church
• Transaction Amount: $14,500,000
• Address: 53 Catherine Street & 5 Monroe Street
• Market: Two Bridges, Manhattan
• BROKERS: Brandon Polakoff, Charles Kingsley, Frederick Richter, Alexandra Marolda & Ryan McGuirl - Avison Young
• SF: 49,939
• PPSF: $290

Represented by Brandon Polakoff, Charles Kingsley, Frederick Richter, Alexandra Marolda, and Ryan McGuirl of Avison Young, the sale of this church marks a significant deal in the Two Bridges real estate market. The transaction involved these five brokers who represented the parties involved in the deal. This sale showcases the vibrant real estate activity and potential in the Two Bridges neighborhood.