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250 Livingston Avenue

250 Livingston Street
Brooklyn, NY 11201
Office, Leasing/Rental

250 Livingston Avenue is a 13-story, 325,041-square-foot office building in Downtown Brooklyn located between Bond and Hoyt Streets. In 2002, Clipper Equity, the real estate development and landlord firm of David Bistricer, acquired it for $26 million from Blackacre Capital Management, the real estate investment arm of Cerebus Capital Management. The deal was a 2-building portfolio transaction that also included another Downtown Brooklyn office building, 141 Livingston Street. Blackacre acquired both buildings in 2000. The citys fire department was a tenant at 250 Livingston until 1997. Tenants now include the city's Human Resources Administration, the Department of Environmental Protection, and the Department of General Services. They are likely paying below-market rent. The building is on the taller side for the Livingston Street corridor, a government office district. ¾-MK

  • Address 250 Livingston Street
  • neighborhood Downtown Brooklyn
  • borough Brooklyn
  • owner Clipper Equity
  • owner entity 250 LIVINGSTON OWNER
  • floors 13
  • Year Built 1920
  • square feet 325,041
  • block and lot 3-00165-0022
  • BIN 3329443
  • Event Financing
  • Address 250 Livingston Street
  • Neighborhood Brooklyn Heights
  • Borough Brooklyn
  • Square feet 310,000
  • Price $ 75,000,000
  • Publication Date 12/16/2018
  • Event Date 12/14/2018
  • Party 1 Clipper Realty
  • Party 2 Citibank
notes
The owner secured a loan of $75 million for the Brooklyn Heights property.