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Rochelle Park real estate firm buys Brooklyn building for $4.5M

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A 16-unit rental building in Brooklyn.
A 16-unit rental building in Brooklyn. - ()

Rochelle Park-based Case Real Estate Capital LLC, announced Wednesday that it has finalized the purchase of a 16-unit rental building in Brooklyn.

The direct lending and investment company said in a news release that it paid $4.5 million for the fully occupied multifamily property on the Bushwick/Bedford-Stuyvesant border.

“The growth and ongoing revitalization of the Bushwick/Bed-Stuy area is nothing short of incredible,” Jon Leifer, director-acquisitions for Case, said in the release. “We are pleased to participate in the transformation of the neighborhood with this initial transaction and have plans to scale up to a moderately sized portfolio there.”

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Eric Strauss

Eric Strauss

Eric Strauss is the digital content editor for NJBIZ. He has been a reporter and editor for newspapers in New Jersey and Pennsylvania, as well as for a number of websites. You can contact him at erics@njbiz.com or @acerimrat on Twitter.

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