Westchester investment firm buys Brooklyn medical office building for $53.8M

A Westchester County investment firm focused on health care real estate has purchased a medical office building in southern Brooklyn for about $53.8 million, according to property records.

Seavest Investment Group, based in White Plains, bought the property at 902 Quentin Road, near Midwood, from Marx Development Group, records show. An entity tied to Marx owner David Marx had purchased the property in 2005 for $2.7 million, and Marx filed plans with the city in 2006 to build an 8-story property spanning about 78,000 square feet on the site, according to city records.

The building is home to several medical offices including New York University Langone’s Perlmutter Cancer Center,

→ Continue reading at Crain's New York Business

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