Login

New equity investment values Brooklyn apartment tower at $300 million

Retail tenants include Maimonides Health that recently entered 15-year lease
The Axel, designed by Morris Adjmi Architects, was valued at roughly $300 million. Located at 809 Atlantic Ave., the 29-story property sits at the intersection of three Brooklyn neighborhoods. (CoStar)
The Axel, designed by Morris Adjmi Architects, was valued at roughly $300 million. Located at 809 Atlantic Ave., the 29-story property sits at the intersection of three Brooklyn neighborhoods. (CoStar)
CoStar News
October 16, 2024 | 7:41 P.M.

The ownership group behind a Brooklyn, New York, apartment tower has reworked the property’s capital structure as medical services provider Maimonides Health begins a 15-year retail lease.

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


  • Properties