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Posted: April 21, 2014
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.
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