Luxury Pre-War Elevator Building in Prestigious Brooklyn Heights Offered for Sale
19 Junio 2019 - 11:12AM
Business Wire
Holliday Fenoglio Fowler, L.P. (HFF) announces it has been
selected to exclusively market the sale of 25 Monroe Place, a
12-story, 67-unit, luxury apartment building located in the
Brooklyn Heights neighborhood of Brooklyn, New York. This offering
provides a rare opportunity to acquire a trophy asset in the most
sought-after neighborhood in Brooklyn. The vast majority of the
property is comprised of fair-market units not subject to rent
stabilization.
25 Monroe Place is situated in the Brooklyn Heights historic
district, which provides immediate access to Manhattan, the
Brooklyn Waterfront, Brooklyn Bridge Park, Downtown Brooklyn and
DUMBO. Brooklyn Heights is characterized by charming brownstones
and plush tree-lined streets, and the property is surrounded by
medium- and low-density buildings that provide water and Manhattan
skyline views. Built in 1938, 25 Monroe Place combines pre-war
architectural elements and spacious apartment layouts with newly
upgraded condo-quality finishes, including custom millwork;
kitchens with Caesarstone countertops and marble tile and
backsplashes; and bathrooms with custom vanities, stone and tile
work, La Cava sinks and Grohe plumbing fixtures. 25 Monroe Place is
now positioned as the most luxurious rental asset in Brooklyn’s
most coveted neighborhood. Brooklyn Heights has a rich history as
the premier residential location in Brooklyn for over 150 years and
represents a mature housing market with best-in-class convenience,
amenities, culture and streetscape beauty.
The HFF investment advisory team is led by managing directors
Jeff Julien and Rob Hinckley and director Steven Rutman.
About HFF
HFF and its affiliates operate out of 26 offices and are a
leading provider of commercial real estate and capital markets
services to the global commercial real estate industry. HFF,
together with its affiliates, offers clients a fully integrated
capital markets platform, including debt placement, investment
advisory, equity placement, funds marketing, M&A and corporate
advisory, loan sales and loan servicing. HFF, HFF Real Estate
Limited, HFF Securities L.P. and HFF Securities Limited are owned
by HFF, Inc. (NYSE: HF). For more information, please visit
hfflp.com or follow HFF on Twitter @HFF.
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version on businesswire.com: https://www.businesswire.com/news/home/20190619005601/en/
JEFFREY JULIENNY Lic. #40JU1081538HFF Managing
Director(212) 245-2425jjulien@hfflp.com
OLIVIA HENNESSEYHFF Public Relations Specialist(713)
852-3403ohennessey@hfflp.com
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