Peyser and Edelkopf of EPIC complete $2.15 million sale of 163 Park Avenue

Yona Edelkopf, EPIC Commercial Realty

Seth Peyser, EPIC Commercial Realty

Brooklyn, NY EPIC Commercial Realty arranged the sale of 163 Park Ave. for $2.15 million. 163 Park Ave. is located in Fort Greene, between Carlton Ave. and Adelphi St., across from the Brooklyn-Queens Expressway, and one block south of the Brooklyn Navy Yard. The property is a four-story mixed-use building with one ground-floor retail unit, two studio apartments and six two-bedroom apartments. “The property offers upside, in both the residential units, as well as the retail. The retail lease is expiring, which presents an opportunity for an investor to put a strong retail tenant in place,” said EPIC sales associate, Seth Peyser. The property had been retained on an exclusive basis with Peyser in May. Peyser and CEO of EPIC, Yona Edelkopf, acted as dual agents.

Tags: Brokerage

Reprint

Previous Story Next Story

AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

Area 15 welcomes new tenant openings, signs more experiences coming

SABRE coordinates sale of six properties totaling 199,845 s/f

Polsinelli and Curcio of Compass arrange 22,000 s/f Urban Umbrella lease

Project REAP honored by ICSC for leadership and impact in Commercial Real Estate

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

Pura Vida Miami lease 4,000 s/f at 79 Front St.

Columns and Thought Leadership

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account