EPIC Commercial Realty Sells Mixed-Use Building in Bedford-Stuyvesant Sale Price: $1,650,000

7/25/16

Yona Edelkopf and Yuriy Ustoyev

EPIC Commercial Realty is pleased to announce the sale of 1254 Broadway, a mixed-use building in Bedford-Stuyvesant.

Located on the northeast corner of Greene Avenue and Broadway, the property is a four-story walk-up mixed-use building comprised of ground floor retail and three box style, three-bedroom apartments. Built to 6,720 square feet, the building was completely renovated with finishes including granite countertops, hardwood floors, etc. The property is ideally located on a busy corner two blocks from the Kosciuszko Street [J] train station. According to EPIC Commercial Realty CEO, Yona Edelkopf, "The property has a retail component on a busy corner, which appealed to the buyer. Bedford-Stuyvesant has been up and coming, and the property has a tremendous amount of upside."

Bedford-Stuyvesant is located in central Brooklyn and nudges up against Williamsburg. This historic neighborhood, known for its pristine brownstones, has recently undergone the final stages of gentrification and real estate development, allowing for more commercial and residential growth. The neighborhood is well connected with the [A,C,G,J,M,Z] train lines all nearby. Many real estate experts expect Bedford-Stuyvesant to increase in value dramatically in the next few years.

EPIC Commercial Realty sold 1254 Broadway for $1,650,000. Investment Sales Associates, Yuriy Ustoyev, represented the seller, and CEO, Yona Edelkopf, represented the buyer.

About EPIC Commercial Realty

EPIC Commercial Realty is a full-service commercial investment brokerage firm that provides comprehensive and innovative real estate solutions to investors, property owners, and corporations worldwide. EPIC Commercial Realty is dedicated to continuously developing dynamic relationships resulting in increased capital beyond the expectation of our clients. Through such principles as integrity and hard work, we strive to develop into an esteemed commercial investment resource for property owners, investors, and corporations worldwide.