Aussie Fund’s Bed-Stuy Buys: 195 and 221 MacDonough St.
Eye On Real Estate
More’s the word on MacDonough Street.
The real estate investment trust that Australian transplant Alan Dixon’s involved in scored big on MacDonough Street with the recent $3.15 million purchase of statuesque multi-family building 75 MacDonough St.
The buy, which Brownstoner.com first reported, was one of three recent Aussie deals for properties on the landmark-district street.
The REIT — which is listed on the Australian Stock Exchange — bought 195 and 221 MacDonough St. in May, a June 2014 report from the US Masters Residential Property Fund indicates.