Local Investor Acquires 2031 Ocean Ave Brooklyn NY For $10.4 Million With Eric Yankelovich As Buyer's Rep

The property asset involved in this transaction consists of two pre-war apartment buildings located at 2031 and 2233 Ocean Ave, Brooklyn, NY, within the Brooklyn market. The sale price was $10,400,000.00, covering a total square footage of 33,040, with both properties featuring four-story walk-up configurations and a collective unit count of 47.

Summary of transaction details:

• Property Type: Apartment Buildings
• Transaction Amount: $10,400,000.00
• Address: 2031 Ocean Ave, Brooklyn, NY, 11230
• Square Footage: 33,040
• Buyer: Local Investor
• Seller: Local Investor
• Buyer's Representative: Eric Yankelovich - GFI Realty

Erik Yankelovich of GFI Realty represented both the buyer and seller in this transaction, facilitating the deal between two local investors. The properties are situated in the Midwood section of Brooklyn, highlighting an interest in this area from the local investment community.