Brooklyn multifamily building leads NYC’s mid-market i-sales

Manhattan-based LLC bought 83 Clifton Place for about $23M

TRD NEW YORK /
Jan.January 24, 2020 03:45 PM
83 Clifton Place in Clinton Hill and 37 Greene Street with Acadia Realty Trust CEO Kenneth Bernstein (Credit: Google Maps)

83 Clifton Place in Clinton Hill and 37 Greene Street with Acadia Realty Trust CEO Kenneth Bernstein (Credit: Google Maps)

Just two mid-market investment deals were made public this week in New York City: a multifamily building in Brooklyn and a commercial condo unit in Manhattan. Here are the details:

1. A Midtown-based LLC purchased 83 Clifton Place in Clinton Hill for $22.9 million from an LLC linked to G-Way Management. The six-story Brooklyn apartment building contains 40 residential units and spans about 58,000 square feet, according to the city.

2. Acadia Realty Trust bought a commercial condo unit at 37 Greene Street in Soho from Premier Equities for about $15.4 million. The six-story building spans about 21,400 square feet with eight units overall, according to the city. Artist Eric Fischl sold his unit in the building about a year ago for $4.75 million.


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