Login

Brooklyn multifamily property sells in court-ordered bankruptcy transaction

43-unit Hello Albemarle goes to iCross Capital for $7.5 million
The 12-story Hello Albemarle building at 2417 Albemarle Road in Brooklyn sold through a court-ordered process. (CoStar)
The 12-story Hello Albemarle building at 2417 Albemarle Road in Brooklyn sold through a court-ordered process. (CoStar)
By Brandon Woolridge with
CoStar Research
March 30, 2026 | 4:40 P.M.

Hello Albemarle, a 12-story, 43-unit multifamily property in Brooklyn, New York, has changed hands in a court-ordered, distressed transaction following a legal settlement reached to avoid foreclosure.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE