Clinton Hill's Beigel's Bakery facility at 551 Waverly Avenue has sold to developer Madison Realty Capital for $23.5 million. The 43,350-square-foot building, home to the family-owned bakery for over a decade, comes with an additional 500,000-square-feet of development rights. Madison hasn't come forward with their plans for the site, yet. Jewish bakery-turned-condo building? Challah! [NYDN]
Filed under: