Just one property traded hands in New York’s mid-level investment sales market last week, at a time when the city is trying to grapple with the deepening coronavirus outbreak. Here are the details of the sale: An LLC based in Bedford-Stuyvesant purchased a four-story hotel in Crown Heights for $10 million. The seller was an LLC linked to the real estate and hospitality investment firm RiverBrook Equities. The hotel is at 1412 Pitkin Avenue, and
source https://therealdeal.com/2020/03/27/crown-heights-hotel-marks-lone-mid-market-deal-this-week/
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