Benchmark looks to sell BK Heights rental building for $70M
Benchmark Real Estate Group’s Aaron Feldman (left) and Jordan Vogel (right) with 25 Monroe Place in Brooklyn (Credit: LinkedIn)
Benchmark Real Estate Group is looking to sell a Brooklyn Heights rental building for more than $70 million.
The Plaza District-based investment firm, headed by Aaron Feldman and Jordan Vogel, has put the 67-unit apartment building at 25 Monroe Place on the market, brokers marketing the property told The Real Deal.
The asking price works out to more than $1 million per unit.
Representatives for Benchmark could not be immediately reached for comment. Jeff Julien, Rob Hinckley Steven Rutman at HFF have the listing.
Benchmark bought the 12-story building in 2015 for $50 million, property records show. The pre-war elevator building includes “newly upgraded condo-quality finishes,” according to HFF.
Benchmark has spent the past few years almost exclusively as sellers, but recently picked up a West Village rental building for $21 million.