Browsing: commercial real estate

Real Estate 910 81st Street (Source: Google Maps)

A record-breaking Dyker Heights real estate sale this month is one more indicator of growing investor interest in the neighborhood. The mixed-use building located at 910 81st Street – a four-story walk-up with 43 residential units and two store fronts – was sold for a whopping $8.9 million to a local family investor, reports the Commercial Observer. Erik Yankelovich, the…

Real Estate Source: Google Maps

The struggling Mona Lisa Bakery & Cafe has finally closed its doors. The Italian restaurant (located at 1476 86th Street), which served pizza and desserts, was sold to new owner Tony Safonte on January 1, and he is looking to rent it out for $40 per square foot – or a little over $200,000 a year.…

Real Estate Gravesend-Library

The city has officially seized the Gravesend Library building located at 303 Avenue X from its owner, a move that was approved by a Supreme Court judge in April, the Commercial Observer reports. Skyrocketing rents have forced the Brooklyn Public Library (BPL) to acquire its few branches that are privately owned using the power of eminent domain – which allows…

Business 86th Street Chevrolet closed it's doors last week.
Source: Google Maps

The 86th Street Chevrolet (1575 86th Street) closed its doors Friday and will soon be torn down to make room for a new building, following a change of ownership. John Iacono, who owns dealerships all over the city including four in Bay Ridge, confirmed that he bought the location from previous owner John Manganelli in November. Iacono shared some of…

Real Estate Source: BPL

City officials officially seized the McKinley Park public library branch (6802 Fort Hamilton Parkway) Monday – using the power of eminent domain – after failing to strike a deal with the library’s owner to purchase the property, reports the Commercial Observer. As we reported in March, the Brooklyn Public Library (BPL) offered the building’s owners $2.4 million…


Glenn Markman, a commercial broker with clients like Spike Lee and the NBA, died at the age of 52 yesterday after a battle with cancer. During his 28 years in brokerage, the Bensonhurst native succeeded in transforming his home borough. After joining the prestigious Cushman & Wakefield firm 12 years ago, Markman’s passion for basketball helped him score exclusive deals with the NBA…

Real Estate Photo by Bensonhurst Bean

When it comes to the commercial real estate market, Southwest Brooklyn is booming, and it’s about to get even bigger. According to a report set to be released this week by Massey Knakal Realty Services, building sales in Southwest Brooklyn are expected to rise by 57 percent in the next year. The Commercial Observer reports: While neighborhoods like…

Real Estate

The long-blighted structure at 2300 Cropsey Avenue, formerly a nursing home, will be demolished and replaced with a 24-story residential and office tower. Located at 23rd Avenue, the 45,688-square-foot property was purchased by a group of Chinese investors late last year for $18.5 million. It’s long sat derelict and overgrown, and became a haven for…

Business Source: Markowitz's office

The new BJ’s Wholesale Club in Bensonhurst will open its doors to shoppers for the first time this Saturday, September 13, Bensonhurst Bean has learned. The big box retailer’s latest location at 1752 Shore Parkway, near Ceasar’s Bay, will be open for business beginning at 9am, but the grand opening celebrations are not slated until…

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