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7 DeKalb Avenue Update 12/12/22

27-Story Tower Trades for $105M in Downtown Brooklyn

A 27-story residential building, located at 7 DeKalb Avenue in Downtown Brooklyn, has just been sold for $105 million. The structure was acquired by Avanath Capital Management from the previous owner, The Brodsky Organization, in a deal brokered by Newmark Group.

Opened in 2015 as part of the multi-building, City Point complex, it contains rental apartments.

Tenant amenities include a fitness center, lounge areas, a screening room, a children’s playroom, outdoor terraces, a bike storage facility, and extra storage spaces.

Designed by COOKFOX Architects, with SLCE serving as the architect of record, 7 DeKalb stands feet tall and totals square feet. The building boasts LEED Silver certification and a custom zinc-clad facade that has won awards for its design.

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