Andreas Steiner Acquires Multifamily Building In Sunset Park For $3.7M

Romain Sinclair of Greysteel represented the buyer and seller in the sale of a multifamily property located at 168 21st St. in Sunset Park. The property, consisting of 16 units, was sold by the Devito Family to Andreas Steiner for a total price of $3,700,000. The sale price per unit was $231,250, and the property spans a total area of 9,800 square feet, resulting in a price per square foot of $377.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,700,000
• Market: Sunset Park
• Buyer: Andreas Steiner
• Seller: Devito Family
• Broker: Romain Sinclair - Greysteel
• Units: 16
• Price per Unit: $231,250
• Total Square Feet: 9,800
• Price per Square Foot: $377

This transaction took place on 04/25/2022 and was facilitated by Romain Sinclair of Greysteel. Both the buyer, Andreas Steiner, and the seller, Devito Family, were represented by Romain Sinclair. The property, located at 168 21st St., is a multifamily asset in Sunset Park.