Edelkopf of Itzhaki arranges $1.25 million sale

Itzhaki Properties, a full-service commercial investment brokerage firm, arranged the sale of residential building 334 Chauncey St., located between Howard and Saratoga Aves. in the Bedford-Stuyvesant neighborhood. The property sold for $1.25 million by Yona Edelkopf, managing partner and CEO of Itzhaki. "This building is on a quaint, tree-lined, purely residential block and the area is very family-friendly," said Edelkopf. "Bed-Stuy's popularity is rising and so are the prices, and savvy investors are taking advantage." Built in 1906, the property is a 6,474 s/f brick apartment building. It is comprised of twelve units and stands three-stories tall. 334 Chauncey Street is located in close proximity to mass transit. It is near the East New York Long Island Rail Road train station, and within walking distance of the Ralph Avenue station of the A and C subway trains and the Chauncey Street station of the J and Z subway trains.

Tags: Brokerage

Reprint

Previous Story Next Story

GFP Real Estate continues leasing momentum at 322 Eighth Ave. with 9,952 s/f of transactions

Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 9,952 s/f at 322 Eighth Ave. in Chelsea, highlighting continued leasing momentum at the recently repositioned office

Zimmet Law Group signs 5,476 s/f lease at GFP Real Estate’s 515 Madison Ave.

Zimmet Law signs 5,476 s/f lease at GFP’s 515 Madison Ave.

1122 Madison Avenue inks $21.175 million contract

Rudin secures 55,335 s/f lease with JAMS at the top of 3 Times Square

Rudin secures lease with JAMS at the top of 3 Times Square

Skyline Developers’ 18W55 fully leased in under nine months

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Lee & Associates NYC completes two direct office lease renewals totaling 11,360 s/f at 149 West 36th St.

Columns and Thought Leadership

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,

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

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

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.