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Experience
1. SElEcTEd SAlES ExPERiENcE
51 Snediker Avenue
A portfolio of 15 buildings located in the industrial Empire Zone in East New
York Brooklyn. This property was an opportunity for an owner / user to
benefit from the location and size. This site was sold prior to the environmental
cleanup which was to be done by the buyer.
74-80 Georgia Avenue
Located in the East New York Empire Zone, this property was an ideal
investment for an owner user that could benefit from the huge yard, large
office space and multiple garages. An off Broadway show was produced
using the address of this location.
90 Hill Street
An attractive residential development site located right off the busy section
of Liberty Avenue. In the past the property was used as a parking lot for a
medical center which is on Liberty Avenue.
186 Force Tube Avenue
Located right off of Fulton Street in the Cypress Hills/East New York section
of Brooklyn, this property consisted of a 1 family house and storage units,
presenting an excellent growth opportunity for developers.
210 Sheffield Avenue
Located right by a self storage facility in the Empire Zone of the East New
York, this property is almost guaranteed a substantial amount of both car and
foot traffic. The lot presented a great opportunity for someone seeking to
establish his business in a zone which provides tax and other benefits.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
2. SElEcTEd SAlES ExPERiENcE
1084 Liberty Avenue
Located between Hemlock and Autumn Streets, this property is a store on
a busy retail block. The purchaser was a local merchant that moved his
business from across the street.
1094 Sutter Avenue
Located between Atkins and Montauk Avenues, this vacant was purchased
by a local developer in conjunction with the adjacent lot for residential
development.
1952 East 8th Street
This 6 family building is located in the Gravesend section of Brooklyn. The
rents were below market and left the buyer room for future upside.
2469 – 2471 Atlantic Avenue
Located between Van Sinderen Ave. and Williams Pl., this site offered a 13,570
SF buildable. The buyer developed a chain hotel on this land.
2588 Pitkin Avenue
This property included 2 stores and 6 two bedroom apartments. The building
was gut renovated by the seller prior to listing the property. The building had
all new mechanics and roof.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
3. SElEcTEd SAlES ExPERiENcE
228 Liberty Avenue
This property was used in the past as a parking lot and a work yard for an
industrial company. The purchaser was a local company that was seeking a lot
to develop a small structure and benefit from the area tax benefits.
243 Fulton Avenue – Hempstead
This approximately 8,000 SF building sitting on an approximately 10,000 SF lot
busy Fulton Avenue in the town of Hempstead on Long Island. Fulton Avenue is
a major thoroughfare and is a prime location for local busy retail and offices.
247 Vermont Street
This solid brick 16 apartment multi family building is located right off the corner of
Vermont and Glenmore Avenues. The property was sold fully occupied, including
three rent controlled tenants. Many rents were under market and left room for
real growth.
349 Arlington Avenue
This solid brick warehouse is located in the Cypress Hills section of Brooklyn.
The gross SF is 13,500 on 3 floors. The property is accessible for both trucks
and cars. The zoning is residential and the building offers an opportunity for the
owner to convert to apartments.
401 95th Street
This property included a 13,000+ SF building with frontage on both 5th Ave
and 95th Street. The property offered additional air rights for the potential
development of condominiums.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
4. SElEcTEd SAlES ExPERiENcE
503 Euclid Avenue
Located between Pitkin and Belmont, this poorly maintained building consisted
of 6 very large apartments with private parking on both sides. The building was
purchased and then was to be used as a family residence.
579 Liberty Avenue
Located right off of Atlantic Avenue, this all brick warehouse with 15’ ceilings
was an ideal open space and used for local retail. The property was purchased
by a local merchant that was renting on Pitkin Avenue.
610 Burnside Avenue – Inwood, Long Island
This 8,446 SF retail property is located on a highly visible 12,672 SF lot, just off
of the Nassau Expressway, a major thoroughfare in the Five Towns. The build-
ing was delivered vacant and offered a great opportunity to an owner / user to
develop a business on a very high traffic thoroughfare.
646 Miller Avenue
Located on a tranquil block between Livonia and Riverdale Ave., this four fam-
ily building offered good paying tenants and under market rents which leave a
great deal of room for increased income and future value.
650 Ashford Street
This vacant property was used in it’s past as a dormitory for wayward children.
This 3 floor building offered office space, lounges, classrooms, kitchen and
bedrooms. It was a perfect for a school, medical facility or office building. The
purchaser was considering using the property for retail because it it’s close
proximity to the 3 train and other public transportation.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
5. SElEcTEd SAlES ExPERiENcE
740 Hegeman Avenue
This 3 story building is a twin building to 650 Ashford Street and used to house
wayward children. The property was delivered vacant and in fair condition. The
building included, offices, bedrooms, kitchen and vacant lot for parking or
playground and much more.
838 – 840 Jamaica Avenue
This corner property presented an ideal location for retail development, next
to a subway station, two bus stops and a school. The property offered office
space and parking, but was encumbered by MTA tracks that were over part of
the property and beams for support.
900 Culver Road – Rochester NY
A former nursing home, this property’s potential for conversion to an assisted
living facility, residential apartments and much more made for a great
investment opportunity. The purchaser was a non for profit organization that
assisted battered and woman in need.
999 Liberty Avenue
Located off the corner of Conduit and Liberty Avenue, this exceptional development
property offered ideal access to two main traffic arteries. The property offered
11,000 SF buildable, for residential development. Since the property was a gas
station in its previous life, there were tanks in the ground.
1010 Sheffield Avenue
The large M zoned vacant lot right off of Flatlands Avenue was a ideal industrial
use and development. The location of this property within the Empire Zone
offered the buyer developed a warehouse on the lot.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
6. SElEcTEd SAlES ExPERiENcE
3432 Fulton Street
This mixed use property was sold to a local investor. At the time of sale the store
was used as a barber shop and the two apartments above needed substantial
renovation. At the time, the property was sold at the highest price per SF on any
similar trade in the neighborhood.
6143 Jericho Turnpike – Commack, Long Island
An excellent property for either investor or user looking for a unique investment
opportunity in a great location with solid demographics, this three story office
building on Jericho Turnpike offered parking spaces spread both in front and
behind the building.
15 Lawrence Street-Yonkers
This 15 unit walkup apartment building is located in one of the tougher neigh-
borhoods of Yonkers. Five apartments have 3 rooms, five have 4 rooms and
five have 4.5 rooms. After sitting on the market for a long time the property
closed at the highest rent multiple the current market would offer. The buyer
was a local investor seeking to add to his portfolio.
1024 Pacific Street
The property was a warehouse measuring 25’ x 110’ in the Prospect Heights
section of Brooklyn. The building had a decapitated roof, no utilities and suf-
fered a fire which caused a no safe building violation. The buyer was a local
investor looking to build a warehouse for rental purposes.
864 Nostrand Avenue
Lease of the store located on the northern side of the building. The original
tenant was a closing store that broke their lease. The side of the store is ap-
proximately 850 SF. After a few weeks, I was able to close a deal with Jackson
Hewitt that was looking for a new location in the area. The rent was lined to the
CPI.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com
7. SElEcTEd SAlES ExPERiENcE
2941 Fulton Street
This property suffered a fire a few years ago on the top floors. After the
commercial tenant left, the owners decided to place the property on the market.
Due to market weakness, it took a while to find the right buyer for the property.
The buyer was a local developer that owned other properties on the avenue.
197 St. Marks Avenue
This 6 family building is located in prime Prospect Heights. Five of the apartments
have one bedroom and one is a studio. The building is in excellent condition
and maintained the building to a high standard. Five of the apartments were
fully renovated.
950 Nostrand Avenue
Vacant mixed use property located on a busy retail corridor. The apartments
have three bedrooms. There is access to the basement from the street and
from inside the store. The building was not in the best condition and there was
room for many renovations and updates. The Property was sold to an investor.
For more information, please contact:
Jonathan Berman, (718) 307-6512 jberman@masseyknakal.com