Epic Commercial Realty completes $1.4 million sale of 522 Central Avenue

Brooklyn, NY EPIC Commercial Realty has completed the sale of 552 Central Ave., a mixed-use building in Bushwick. Located on the southeast corner of Weirfield St. and Central Ave., the property is a three-story walk-up mixed-use building comprised of four free market apartments and one ground floor retail unit. Built to 3,600 s/f, the building has two parking spaces in the rear. The site is ideally situated within a few blocks from the Halsey St. (J, L) train stations. According to EPIC Commercial Realty investment sales associate, Baruch Edelkopf, "with the (L) train closing down, investors are shifting to properties next to the (J, Z, M) trains and we are seeing a lot of activity south of Myrtle Ave." With Williamsburg becoming one of the most expensive neighborhoods in New York City, Bushwick has undergone a massive investment and development process over the past few years, particularly around the Jefferson and Dekalb (L) train stations. With new retail shops, restaurants and nightlife areas continuously opening up around the neighborhood, Bushwick has become one of the most desirable areas of Brooklyn. EPIC Commercial Realty sold 552 Central Ave. for $1.4 million. CEO, Yona Edelkopf, and investment sales associates, Baruch Edelkopf and Vlora Sejdi, represented both the seller and the buyer.