Avison Young’s tri-state investment sales group is marketing the North Brooklyn Luxury 8 portfolio, comprised of eight boutique luxury apartment buildings. Asking price is $200 million for the entire portfolio, which may be acquired in full or in any combination of the eight properties.

The Brooklyn properties, all built between 2006 and 2014, are in close proximity to one another in Williamsburg, Clinton Hill and Prospect Heights, allowing for management efficiency. The 244-unit portfolio is 98.4% occupied.

The portfolio is being marketed on behalf of ownership by an Avison Young team that includes James Nelson, Mitchell Levine, Brandon Polakoff, Fritz Richter, Sam Schertz and Alexandra Marolda.

“The North Brooklyn Luxury 8 assets were individually hand-selected over a nine-year period,” said Nelson. “Recreating this portfolio in this location would be nearly impossible today.”

Pictured: James Nelson.

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