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Brokerage
Posted: July 29, 2014
B. Edelkopf, Y. Edelkopf and Rybinskov of EPIC sell two Brooklyn development sites for $860,000
EPIC Commercial Realty (www.epic-cr.com), a full-service commercial investment brokerage firm, formerly known as Itzhaki Properties, arranged the sale of two development sites in Bedford-Stuyvesant totaling $860,000. The properties are located at 306 MacDougal St. and 343 Ralph Ave. The MacDougal St. property was sold for $435,000 with Yona Edelkopf, CEO of EPIC, representing the seller and associate brokers Mike Rybinskov and Baruch Edelkopf representing the buyer. Yona Edelkopf represented both sides of the $425,000 sale at Ralph Ave.
343 Ralph Ave. is a vacant lot consisting of 14,595 s/f of development rights. Also a vacant lot, 306 MacDougal St. comes with 6,075 s/f of development rights.
"The properties were both sold with the intention of residential development," said Yona Edelkopf. "Future tenants will have access to all of the amenities Bed-Stuy has to offer such as good schools, safe parks and mass transit. I have no doubt that EPIC will continue to close deals in this ever-evolving neighborhood."
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