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Acquisitions

Global Holdings Group acquires 424 Bedford Avenue for $43.8M

East End Capital makes $2.85M on the sale

Global Holdings Group’s 424 Bedford Avenue (Credit: StreetEasy)

Eyal Ofer’s Global Holdings Group has acquired 424 Bedford Avenue from East End Capital for $43.8 million. The Williamsburg rental spans 63,866 square feet, and contains 66 apartments.

Worth Noting: Rents at the property range from around $2,700 to $3,700, according to CO. The building also includes a gym, a rooftop deck, and 24 parking spots. It’s located between South 8th and South 9th Streets.

Flashback: East End Capital paid $40.95 million for the property in 2014.

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