316 BERGEN STREET

Location: Boerum Hill, Brooklyn

Capitalization: $52M

Size: 70,000 GSF

Units: 84

Status: Acquired

 

Avery Hall Investments, on behalf of a private investment group, led the acquisition and asset management of The Bergen at 316 Bergen Street, a newly constructed 8-story, 84-unit boutique luxury residential rental building. The best-in-class property, constructed in 2014, features an attended lobby, roof deck with panoramic views, fitness center and on-site 42 space parking garage. Located in the heart of Brooklyn's Boerum Hill, The Bergen enjoys convenient transit access and close proximity to Atlantic Avenue shopping and dining.