The Real Deal New York

Naftali sells rental development in Boerum Hill for $52M

Private European investor buys The Bergen

December 17, 2014 10:30AM

From left: Miki Naftali and The Bergen in Boerum Hill

From left: Miki Naftali and The Bergen in Boerum Hill, Brooklyn

Miki Naftali’s Naftali Group sold the Bergen, an 84-unit luxury rental development in Boerum Hill, for $52.2 million.

A private European investor bought the property at 316 Bergen Street, according to the New York Post.

Savills Studley’s Woody Heller, Will Silverman and Eric Negrin marketed the ODA-designed building. The property is fully leased, according to the newspaper.

“The building was a roaring success in the rental market and received equally well by investors,” Heller told the Post. [NYP, 4th] — Claire Moses

  • art

    Condos are coming to this building as a rental condo conversion at some point.

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