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Converted Multifamily Building Sold in Brooklyn

NEW YORK CITY—The loft property, on the East Williamsburg/Bushwick border, features over 50,000 square feet of space.

65 Bogart St. The property at 65 Bogart St. sold for nearly $40 million, which equates to approximately $742 per square foot.

NEW YORK CITY—Acuity Capital Partners has sold 65 Bogart St.—a multifamily loft building located on the East Williamsburg/Bushwick border of Brooklyn to Sugar Hill Capital Partners. The property sold for nearly $40 million, which equates to approximately $742 per square foot.

The converted multifamily loft building contains over 50,000 square feet and consists of 51 units over three floors. Brooklyn specialty broker TerraCRG handled the deal. The firm’s Ofer Cohen, Melissa Warren and Dan Marks, along with their teams, were the sole brokers in the transaction.

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Rayna Katz

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.

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