The Real Deal New York

Brooklyn Heights condo building went for $50.8M

March 02, 2012 10:00AM

The apartment building at 75 Clinton Street, in Brooklyn Heights, between Montague and Remsen streets, was bought for $50.8 million, Brownstoner reported.

The purchase, by Dallas-based Invesco and first reported by Crain’s in January, just hit public records. Invesco has opted turn the 74-unit condominium building into rentals, which will go for between $2,800 and $7,000 a month, as previously reported. And they are making the transition swiftly; the rentals should come to market this month. 

Invesco has been on a bit of a Brooklyn buying spree lately, purchasing the 95-unit Arias Park Slope for $57.5 million last April, one of the largest building sales in the borough. [Brownstoner]