Bainbridge-Portfolio-NYC

Rosewood Realty Group Negotiates $10.2M Sale of Multifamily Portfolio in Brooklyn

by Amy Works

NEW YORK CITY — Rosewood Realty Group has arranged the sale of a portfolio of four contiguous multifamily buildings in Brooklyn’s Bedford-Stuyvesant neighborhood. 242-248 Bainbridge Partners acquired the portfolio from 242-248 Bainbridge Residences LLC for $10.2 million. Totaling 29,200 square feet, the properties offer 32 apartments, including 18 rent-stabilized units and 14 market-rate units. Michael Guttman of Rosewood represented the buyer and seller in the deal.

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