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R.A. Cohen & Associates Sells 33-Unit Multifamily In Two Bridges For $14M

21-23 Catherine Street
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This MultiFamily property located in NY was sold for $14,000,000 about 4 years ago. The brokers of the deal were Joseph (Joe) Koicim, Peter Von Der Ahe, and Jared Bernstein

Located in the Two Bridges neighborhood, the multifamily property at 21-23 Catherine Street has been sold for a total of $14,000,000. The property spans across 21,258 square feet with a price per square foot of $659. It consists of 33 units, resulting in a price per unit of $424,242.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $14,000,000
  • Square Footage: 21,258
  • Price per Square Foot: $659
  • Number of Units: 33
  • Price per Unit: $424,242

Peter Von Der Ahe, Joe Koicim, and Jared Bernstein of New York Multifamily served as the brokers for this transaction.

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Deals
  • Location
    21 Catherine St, New York, NY 10038, USA21 Catherine St, New York, NY 10038, USA
  • Sale Price
    $14,000,000$14,000,000
    $658 PPSF$658 PPSF
  • Area
    21,258 SF21,258 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Joseph (Joe) Koicim

Joseph (Joe) Koicim

Deals122
Financed$2B

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Deal Summary

IMAGE: Peter Von Der Ahe, Joe Koicim, Jared Bernstein & Robert Cohen DATE: 03/26/2020 ADDRESS: 21-23 Catherine Street MARKET: Two Bridges ASSET TYPE: Multifamily SALE PRICE: $14,000,000 SF: 21,258 PPSF: $659 UNITS: 33 PPU: $424,242 SELLER: R.A. Cohen & Associates BROKERS: Peter Von Der Ahe, Joe Koicim, Jared Bernstein – @NewYorkMultifamily

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21-23 Catherine Street

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