Friday, 14 December 2018

Alchemy purchases 9-building Bed-Stuy portfolio for $25M

Alchemy Ventures has made a big investment in Bedford-Stuyvesant, buying nine buildings in the neighborhood for just under $25 million, the company announced on Thursday. The properties are located at 879 DeKalb Avenue, 419 and 421 Marcus Garvey Boulevard, 654 Putnam Avenue, 319 Malcolm X Boulevard, 829 Halsey Street and 804, 808 and 814 Macon Street. They span roughly 52,000 square feet and contain 81 units. About half of the units are rent-stabilized, while the […]



source https://therealdeal.com/2018/12/14/alchemy-purchases-9-building-bed-stuy-portfolio-for-25m/

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