Ariel Property Advisors

12/11/2025

The commercial real estate market is seeing strong acquisition and financing activity as 2025 comes to a close.

“The Fed has cut rates by 175 basis points since September 2024, which has supported an accommodative interest rate environment, leading to strong acquisition and financing activity in commercial real estate throughout the year,” - Matt Dzbanek, Senior Director - Capital Services

Supported by strong investment sales and refinancings in New York City and nationwide, our Capital Services Group had a record year, with financing volume doubling compared to 2024! Read the full analysis and market trends in December’s Capital Markets Monthly: https://arielpa.nyc/insights/251211-fomc-lowers-federal-funds-rate-25-basis-points-to-3-50-3-75

12/10/2025

FOR SALE: 4-Story Free Market Mixed-Use Building in Murray Hill

Property Highlights:
• Ground and mezzanine floors feature retail; two residential units above
• Newly constructed with modern mechanical, electrical, plumbing, and HVAC systems
• Retail leased long-term (10 years) with 3% annual rent escalations
• Residential units with high-end finishes and private outdoor space
• ~12,500 SF unused FAR, offering significant development potential
• Walk Score 99 | Transit Score 100

For More Information Contact:
Howard Raber, Shimon Shkury, Paul Monaco

Full Listing: https://arielpa.nyc/listing/698-2nd-avenue

12/04/2025

Our President and Founder, Shimon Shkury, joins Dorian Lam on Start With the Close in Mind to discuss the NYC commercial real estate market, share his journey building Ariel Property Advisors, and offer insights on preparation, strategy, and client-focused dealmaking.

Key topics covered:
– Shimon’s career journey and founding Ariel Property Advisors
– Trends in NYC office, multifamily, and residential markets
– Opportunities in affordable housing and development
– How capital markets are shaping deals
– The importance of advisory, foresight, and optionality in transactions

🎧 Listen to the full episode here:

In this episode, Dorian Lam is joined by Shimon Shkury, founder of Ariel Property Advisors, to explore how the best brokers in NYC prepare for the closing be...

12/03/2025

FOR SALE: Two walk-up buildings in Highbridge offering additional income through an Antenna Profit Sharing Agreement

Property Highlights:
• 82 Residential Units
• 69,985 Gross SF
• Additional Income: Antenna Profit Sharing Agreement
• Long-Term Ownership: 30+ years
• Potential Tax Benefit Optionality
• Well Maintained & Professionally Managed Buildings

For More Information Contact:
Victor Sozio, Daniel Mahfar, Jake Brody, Erik Moloney

Full Listing: https://arielpa.nyc/listing/1173-nelson-avenue-and-1092-anderson-avenue

12/02/2025

In his latest Forbes article, Shimon Shkury, President and Founder of Ariel Property Advisors, breaks down what’s driving Brooklyn’s commercial real estate boom: from DUMBO’s pioneering redevelopment to a surge in multifamily and development sales across the borough. He also explores the growing divide between free-market growth and the distress facing rent-regulated housing.

Read the full article: 🔗 https://www.forbes.com/sites/shimonshkury/2025/12/01/what-makes-brooklyn-commercial-real-estate-tick/

11/25/2025

FOR SALE: 30-Unit New Construction Mixed-Use Elevator Building | Certificate of Occupancy: 2019 | Tax Benefit: 421a, Expiring in 2035 (Units Revert to Free Market Upon Expiration) | Flatbush, Brooklyn Location

For More Information Contact:
Victor Sozio, Lawrence Sarn, Jake Brody, Jack Mastrocola

Full Listing: https://arielpa.nyc/listing/1127-1129-flatbush-avenue

11/24/2025

Thank you to everyone who joined us and Cozen O’Connor for the Brooklyn State of the Real Estate Market event ! We had a fantastic morning of insights, networking, and discussion on Brooklyn’s evolving CRE landscape.

A special thank you to our panelists for sharing their expertise and perspectives on what’s driving the borough’s market today, and what’s ahead.

Sean R. Kelly, Esq. (Partner, Ariel Property Advisors) and Ken Fisher (Member, Cozen O'Connor), co-moderated the discussion.

For the full event recap, visit: 🔗 https://arielpa.nyc/investor-relations/event/251113-brooklyn-panel-and-networking-breakfast-co-hosted-by-cozen-o-connor

11/17/2025

SOLD: Single Story 1-Unit Commercial Building | 5,000 SF | $1,025/SF | West Harlem, Northern Manhattan Location

For More Information Contact:
Alexander Taic, Victor Sozio, Drew McWilliams

11/13/2025

FOR SALE: Prime Little Italy 4-Building 32-Unit Value-Add Portfolio | 421a Tax Benefit in place through 2033 | 11.34% Current Cap Rate | 14.41% Proforma Cap Rate

For More Information Contact:
Victor Sozio, Daniel Mahfar, Jake Brody, Erik Moloney, George Morel

Full listing: https://arielpa.nyc/listing/hoffman-street-portfolio

11/05/2025

We’re heading to Chicago for the AHF Live Conference, Nov 17-19! Excited to be attending alongside our partners at GREA.

If you’ll be there, we’d love to connect! Reach out to Nicole at [email protected] to schedule a time to meet with our team.

We’re looking forward to connecting with you at AHF Live!

11/03/2025

In his latest Forbes article, Shimon Shkury, President and Founder of Ariel Property Advisors, analyzes how Manhattan’s office market is staging a powerful comeback — with leasing at a 23-year high and sales volume up 88%. However, while Class A assets are fueling this resurgence, Class B and C buildings face a different reality, driving a $1B wave of office-to-residential conversions.

Read the full article: https://www.forbes.com/sites/shimonshkury/2025/10/31/suits-are-back-nyc-office-leasing-hits-23-year-high-fueling-sales/

10/30/2025

$31M sale of a prime Downtown Brooklyn development site!

Ariel Property Advisors arranged the sale of 245 Duffield Street, a 100,056 BSF mixed-use site next to Abolitionist Place Park, around the corner from City Point, and one block from MetroTech. The seller was represented by the Ariel team: Sean R. Kelly, Esq., Partner, Stephen A. Vorvolakos, Director, and Nicole Daniggelis, Associate Director. The buyer, a Queens-based developer, plans to develop condos on the site.

“With a prime location and significant scale, 245 Duffield Street was a premier development opportunity in Downtown Brooklyn. There was substantial interest in the site, and we were able to identify the right buyer after a thorough bidding process. This also marks the developer’s first Brooklyn project.” - Sean R. Kelly, Esq.

👏 Congratulations to all involved!

The sale marks the 11th development site Ariel has sold in Brooklyn and Queens this year, with three more in contract. Together, these sites total nearly 1M buildable SF and a value of almost $200M!

Thanks to Commercial Observer and Isabelle Durso for the exclusive coverage!

Read more:

Golden Stone Management, a Queens-based developer, has acquired a development site in Downtown Brooklyn for $31 million.