News: Brokerage

Darouvar and Oskar of Venture Capital Properties represent Rodney Capital in $2.815 million sale

Kevin Darouvar,
Venture Capital Properties

Brooklyn, NY According to Venture Capital Properties, the firm has closed the sale of 121 3rd Pl., a four-story walk up multifamily. The 6,580 s/f building contains eight-units, and is in the Carroll Gardens neighborhood. All eight units are rent-stabilized and the building will be delivered with two vacancies. 

The sale price was $2.815 million ($428 per s/f).

Kevin Darouvar and Roy Oskar of Venture Capital represented the buyer, Rodney Capital, in this off-market transaction. The buyer plans to hold long-term and renovate the vacant units. The seller was Lynette Antonaros.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking