Nine Bed-Stuy Buildings For Sale in $60M Package Deal

Paul Stremple -

BED-STUY – A number of large apartment buildings are hitting the market in Bedford-Stuyvesant, part of a package deal of nine properties worth an estimated $60 million.

Alcion Ventures and Alchemy Properties are looking to offload the buildings, which contain 113 units, reported The Real Deal. The $60 million price tag shakes out to about $530,000 per unit, and reports state the properties are 97% occupied. Check out the buildings below:

223 Bainbridge Street
910 Prospect Place
216 Macon Street
1050 Lafayette Avenue
45 Kingston Avenue
475 Hancock Street
442 Decatur Street
778 Madison Street
790 Madison Street

Though the properties are listed as a portfolio, reports are bids for individual properties will be considered as well. The buildings for sale are:

  • 223 Bainbridge Street
  • 442 Decatur Street
  • 475 Hancock Street
  • 45 Kingston Avenue
  • 1050 Lafayette Avenue
  • 216 Macon Street
  • 910 Prospect Place
  • 778 Madison Street
  • 790 Madison Street

Commercial real estate agency HFF will be handling the deal.