Epic Commercial Realty brokers sale of 980 Avenue and 165-171 Veronica Place

Brooklyn, NY EPIC Commercial Realty has completed the sale of 980 Ave. and 165-171 Veronica Place, a block through development site in Flatbush. The property is comprised of two adjacent lots. Facing Rogers Ave. and Veronica Place, between Tilden Ave. and Beverley Rd., the property contains a vacant lot and a garage behind it, totaling 16,870 s/f of development rights. The sites are ideally located just three blocks from the Beverly Road [2,5] train station, Kings Theatre, and the vibrant retail corridor on Flatbush Ave. With the garage built to 909 s/f, the property boasts additional air rights of 15,961 s/f. According to EPIC Commercial Realty Investment sales associate, Baruch Edelkopf, "We are seeing East Flatbush having a major push in the development. With the uncertainty of the L train, developers and renters are looking for new neighborhoods with easy access to Manhattan." Flatbush in central Brooklyn is a residential mega-neighborhood known for its beautiful Victorian architecture. With an increasing number of trendy bars and restaurants popping up around the area, Flatbush has become more attractive to not only families but also young professionals who are seeking balance between quiet residence and nightlife. Well served by public transportation, Flatbush is conveniently connected regionally by MTA trains and locally by Brooklyn bus routes. It has MTA [2, 5, B, Q] trains with stops throughout the neighborhood, taking passengers to central city in as little as half an hour. The B6, B8, B35, B41, B44, and B49 buses run locally to serve the neighborhood. EPIC Commercial Realty sold 980 Rogers Ave. & 165-171 Veronica Place for $1,788,220. CEO, Yona Edelkopf, and investment sales associates, Baruch Edelkopf and Yuriy Ustoyev, represented the seller. Investment sales associate, Heshie Goldfein, represented the buyer.