Archive for the tag 'sales'

Source: Google Maps

Source: Google Maps

The corner property at Avenue U and Ocean Avenue, home to Investors Bank, has hit the market for $12 million, according to Commercial Observer.

The building, at 1926 Avenue U, is described by the outlet:

The building’s 17,280 rentable square feet, ranging from the basement and ground-level retail to two spaces on both the second and third floors, are currently occupied with the exception of one 2,200-square-foot space on the third floor, according to a marketing brochure from GFI Realty Services, which has been named the exclusive sales agent for the property.

The building appears to also have the address 1928-30 Avenue U and 2560 Ocean Avenue.

Aside from Investors Bank, which we learn pays $22,000 a month to the landlord, the building also currently has three medical tenants. The ground floor location has been a bank in one form or another since at least the 1980s.

GFI is the same group behind the $39.5 million sale of 1125 Banner Avenue, a residential property that had its share of troubles before the company’s development wing, Irongate Realty Partners, purchased it and turned it around.

Commercial Observer doesn’t share information about the owner, but property records on Property Shark appear to indicate it was purchased by 2560 Ocean Realty Corp in 1998 and has suffered through a few tax liens.


Well, there goes my dream of reopening the long-shuttered Beefsteak Charlie’s, sitting back, and wasting away the rest of my life with an endless supply of cocktail shrimp.

After two attempts to get medical facilities off the ground, 3121 Ocean Avenue, the former home of Beefsteak Charlie’s, was purchased by Chestnut Realty for $5.1 million on April 24.

And just in case you thought maybe they’d like to realize my dream for me, well, nuh-uh. They’re looking to bring in a national chain or a bank. If that doesn’t work, office space it is.

“The current owner is considering developing the site for an office building or to lease to a national anchor tenant. We are currently in negotiation with a financial institution as well as a few other chain tenants, so we will see what will come of it,” said Arsen Atbashyan, CEO of Commercial Acquisitions. Commercial’s Denis Abayev served as listing agent on the deal.

There’s quite a bit they can do with the property. It’s a 21,113 square foot lot, and the building currently there takes up 9,500 square feet. Located in a C1-2/R4 zoning district, they could double the current building’s size and pack it with both commercial and residential units.

Regardless of what happens, it’s likely to be better than the unkempt, derelict lot it’s been since Maimonides Medical Center struggled to get a medical center off the ground in this spot. That followed an attempt to do the same by Coney Island Hospital, which was forced to retreat due to budget cuts.

And, of course, before both those attempts… the Beefsteak, which closed in the late-90s:


This is a paid announcement from SOS Pharmacy, located at 1201 Avenue Z.

Imagine a pharmacy that feels more like a spa than a stockroom. A pharmacy with a bright, spacious interior, designed by Italian decorators for an enjoyable browsing experience – not jam-packed, dust-covered shelves. Imagine a pharmacy with friendly, personable service that puts the shopper first.

SOS Pharmacy, located in the heart of Sheepshead Bay at 1201 Avenue Z, is that pharmacy. And management is slashing prices as a thank you to neighbors for welcoming them to the community.


Far more than a pharmacy, SOS features a warm, inviting interior and a product line that extends beyond the run-of-the-mill offerings at chain or other independent pharmacies.

Every corner is created as a pleasant exciting discovery, containing various displays with information on different products. SOS Pharmacy carries exclusive natural and organic products for all ages, whether it is for babies, kids, adults, or senior citizens. These products are hypoallergenic, parabens-free, sulfate-free, free of harmful chemicals, and some are even gluten-free and made strictly based on natural botanicals.

Whether you need vitamins or nutritional supplements, or skin and beauty care, or simply cold or cough medication, SOS Pharmacy carries them all. SOS has done extensive research and hand- selected the best brands for customers.

Behind the counter, SOS embraces professionalism to the fullest. Customers come first, and are given free one-on-one consultations to ensure all needs are met and questions answered. It’s a return to the old days, when pharmacists built relationships with their customers.

Whether it’s prescription needs, or a hunt for organic, holistic solutions, SOS has the products you’re looking for. SOS also has a full line of artisanal teas, honeys, natural baby products and cleaners, and premium multivitamins – all in an elegant and welcoming atmosphere with personal attention.


SOS Pharmacy, 1201 Avenue Z, (855) 767-6337,

The above is a paid announcement by SOS Pharmacy. Sheepshead Bites has not verified the claims made in this advertisement. If you own a business and would like to announce a special offer to tens of thousands of locals, e-mail us at advertising [at] sheepsheadbites [dot] com.

This is a paid announcement from Bassett Caterers, Sheepshead Bay’s premier deli and caterer at 1404 Avenue X.

From now until February 3, Bassett Caterer is offering an extraordinary Playoff / Super Bowl Package on any Saturday or Sunday. For just $199 (+ tax), you can leave all the work of feeding up to 20 hungry football fans to us, and sit and enjoy the game! See the flier above for details!

Bassett Caterers, 1404 Avenue X, (718) 332-9000.

The above is a paid announcement by Bassett Caterers. Sheepshead Bites has not verified the claims made in this advertisement. If you own a business and would like to announce a special offer to tens of thousands of locals, e-mail us at advertising [at] sheepsheadbites [dot] com.


Source: Rich Caplan/

Good news, Rockafellers. That $14 million Gravesend home you’ve been hoping to purchase, if the price was just a wee bit lower, has gone down in value.

The 2134 Ocean Parkway five-bedroom, 9,200-square-foot home with an elevator, two kitchens, a master bedroom with balcony and French doors, and art-nouveau staircase is now only $10.8 million.

The 23 percent drop in asking price still keeps this house in the “very expensive” realty category, but strips it of its most expensive home in Brooklyn slot.

Perhaps this was a clever realty ploy all along, to gain attention and then sell at a lower price. Let’s see if this works. Happy buying for those living the lifestyle of the rich and famous.

Source: skampy/Flickr

Can’t get enough of bowling, yet trying to save up for overdue rent, that car you always wanted, or college tuition?

Here’s your chance!

In celebration of the first ever National Bowling Day this Saturday, August 11, Shell Lanes and other bowling centers across the country will allow visitors to bowl for free. So gather your friends and be one of the first to hit the bowling lanes before the crowds.

To bowl free of charge, head over to and access a free game coupon, or “like” GoBowling’s Facebook page. After that, all you have to do is stop by Shell Lanes on 1 Bouck Court (McDonald Avenue, south of Avenue X) from 9 a.m. till closing on Saturday and enjoy your free game.

If you don’t live close enough to Shell Lanes, there are many other bowling centers with this special offer. If you’re a resident of Bensonhurst, stop by Maple Lanes at 1570 60th Street to participate in this all-day celebration.

Source: Rich Caplan/

An Ocean Parkway home made headlines yesterday when it hit the market for $14 million – giving it the heftiest price tag for a single-family home in all of Brooklyn.

At 2134 Ocean Parkway, this five bedroom, 9,200-square-foot home boasts an elevator, two kitchens, a master bedroom with balcony and French doors, art-nouveau staircase, and is “touched with limestone accents and finished in two-tone stucco and an authentic green terracotta style Spanish roof,” according to the listing.

A family has owned the home since 1992 and decided to put it on the market – furnished or unfurnished – since their children have grown up and moved out, according to The Real Deal.

The property’s agent, Ryan Serhant, told the New York Daily News that picking a price was a difficult task, with few known comparables in the area’s Syrian Sephardic community.

“This area trades mostly within its own community which brought the prices to where they are,” Serhant said.

The Gravesend area and its Sephardic community have been nabbing top slots for residential real estate pricetags for several years now. In 2009, 2111 East 2nd Street sold for $10.26 million, spurring Brownstoner to scoff, “Holy moly! … It’s definitely the biggest sale of this year, and probably one of the top 10 or so biggest house sales in the borough ever.” A home around the corner at 450 Avenue S sold in 2011 for $10.25 million, just shy of the $11 million sale of 451 Avenue S across the street in 2005.

Photos: Rich Caplan/


Click to open the coupon, then press CTRL+P to print.

Click to open the coupon, then press CTRL+P to print.

Click here to place your order through JoMart’s website. Just be sure to use promo code “SHEEPSHEAD2012″ to collect your 10 percent discount!

This is a paid sale announcement from JoMart Chocolates (2917 Avenue R), Southern Brooklyn’s most acclaimed chocolatiers.  If you own a business and would like to announce a special offer to tens of thousands of locals, e-mail us at advertising [at] sheepsheadbites [dot] com.


Tops Wine & Liquor Supermarket is making a tremendous offer to local shoppers, slashing its prices for a large variety of wines and liquors in advance of Easter and Passover. Click on the above ad and hit “CTRL+P” to print.

Don’t have a printer? This ad can also be found in the latest edition of the Market Place penny saver.

Additionally, you can show this ad to a salesperson on your mobile phone or tablet.

This is a paid sale announcement from Tops Wine & Liquor Supermarket, one of Sheepshead Bay’s oldest and largest independent purveyors of fine wines and liquors at 2812 Avenue U. 

If you own a business and would like to announce a special offer to tens of thousands of locals, e-mail us at advertising [at] sheepsheadbites [dot] com.

Real estate citywide is seeing a buyer’s market these days, and buyers are looking to Sheepshead Bay and other Southern Brooklyn neighborhoods ahead of all others.

While the sale of homes spiked 6 percent for the final quarter of 2011 Brooklyn-wide, neighborhoods in the borough’s southern stretches boomed more than any others with a 20 percent jump, according to a Prudential Douglas Elliman study reported by the New York Post.

“Brooklyn is hot and the desire to purchase there is very strong,” Prudential Douglas Elliman CEO Dottie Herman told the paper. “Those who live there want to stay there when they make a move, and outsiders are lured to the borough.”

Fueling the surge was a desire by homeowners for lower-priced housing, especially co-ops.

Co-op sales in Brooklyn rose a staggering 27.6 percent in the final quarter of 2011 compared with the same time in 2010.

But at the same time, the average sales price of a Brooklyn co-op plunged from $400,997 to $339, 156.

“The sharp drop in mortgage prices resulted in co-op sales surging,” said Jonathan Miller, who prepared the report.

The people who benefit most from low mortgage rates are those who buy on the lower end, he said — and New Yorkers are buying smaller and cheaper these days.

Areas with cheaper homes saw sales boom.

For example, there was a 20 percent jump in sales in south Brooklyn, which includes such neighborhoods as Bath Beach, Bensonhurst, Brighton Beach, Flatbush and Sheepshead Bay.

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