News:
Brokerage
Posted: May 26, 2015
Edelkopf, Ustoyev, Sejdi and Peyser of EPIC secure $4.1 million sale; Stabler of Rivington Co. purchased the property
EPIC Commercial Realty arranged the sale of 7-13 Knickerbocker Ave., a single-story commercial building in East Williamsburg. The current structure houses two tenants who are using the building as warehouse space.
"East Williamsburg is known for its industrial buildings; the property has an M1-2 zoning allowing for 19,700 s/f of development rights. The building is currently income producing with short-term leases, which is what appealed to our buyer," said Yona Edelkopf, CEO of EPIC.
Travis Stabler of Rivington Company purchased the property, in an off-market transaction, for $4.1 million. Both sides of the deal were brokered by EPIC; Yuriy Ustoyev and Vlora Sejdi representing the seller and Seth Peyser and Edelkopf representing the buyer.
Tags:
Brokerage
MORE FROM Brokerage
Island Associates negotiates lease extension for 2,160 s/f restaurant operated by Beef O’ Brady Bar and Grill at Lake Harris Square
Leesburg, FL Roger Delisle and Robert Monahan of Island Associates negotiated a lease extension for 2,160 s/f restaurant operated by Beef O’Brady Bar and Grill at Lake Harris Square located at
Quick Hits
Columns and Thought Leadership
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
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
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
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
.gif)
September Promotion
