Last week an LLC called Buffalo Avenue Realty Associates picked up St. Mary’s Hospital at 170 Buffalo Avenue in the Weeksville neighborhood of Crown Heights for $19,500,000. The large private Catholic institution closed in 2005.
Surprisingly, it will not be converted into rentals or condos. The new owner has already leased the building to Prospect Park Nursing Home of 1455 Coney Island Avenue for $1,500,000 for 15 years, according to a tipster. It is around the corner from the Weeksville Heritage Center.
Photo by Nicholas Strini for PropertyShark