234 E 23rd Street Retail Condominium
New York, NY – June 17, 2016 – Cohen Equities announced today that it has finalized the acquisition of 234 E 23rd Street in Manhattan. The 4,565 square foot ground floor retail condo, located between 2nd Avenue and 3rd Avenue, is part of the luxury mixed-use building recently developed by the Naftali Group. Acquisition financing was provided by IDB Bank and Yoav Oelsner’s team at JLL handled the purchase and sale transaction.
The acquisition is part of a renewed focus on New York City for Meir Cohen, Cohen Equities’ principal. After a successful 2015, Meir has placed an emphasis on acquisitions and has developed the firm’s infrastructure to accommodate what they intend to be ambitious growth throughout the City over the next few years.
Said Meir, “It’s a beautiful space in a great area, with proximity to transit and pent up demand for retail uses. We believe that we have the finest retail space in the corridor and look forward to bringing in a high quality user who will add a much needed amenity to the neighborhood.”
The property is currently being listed for lease by Joshua Siegelman of Winick Retail Specialists (212.792.2613, firstname.lastname@example.org).
About Cohen Equities
Cohen Equities is a New York City-based real estate investment firm that pursues commercial assets that present an opportunity to add value in both suburban markets and central business districts. With more than 8 million square feet of historical acquisitions, the firm has an over 30-year history of investing in New York City and owns and operates assets throughout the United States. For more about Cohen Equities, please visit cohenequities.com.