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Brokerage
Posted: August 25, 2014
Edelkopf and Kim of EPIC act for buyer and seller in $3.65 million sale
EPIC Commercial Realty, a full-service commercial investment brokerage firm, has completed the sale of 25 Pierrepont St., a residential building located on the Northwest corner of Pierrepont and Willow Sts. in Brooklyn Heights. Yona Edelkopf, CEO of EPIC Commercial Realty, and Chris Kim, associate broker at EPIC, represented both sides of the $3.65 million sale.
The property was recently subdivided, creating an additional townhouse unit on the corner of Willow St. 25 Pierrepont St. is a five-story rental building consisting of nine residential units including a one-bedroom duplex and eight additional apartments.
"This property was well repositioned in the heart of Brooklyn Heights and our vast network of investors allowed us to close this deal in a matter of weeks," said Edelkopf. "It is an exciting time in this robust market and this deal is an example of the satisfaction you get when bringing together a smart developer with a long term investor to complete an asset repositioning."
25 Pierrepont Street is located less than two blocks from the Brooklyn Heights Promenade. The property is also in close proximity to the Brooklyn Queens Expressway, the Clark Street stop of the 2 and 3 subway trains and the Court Street stop of the R subway train.
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