Albert Dayan pays $3.2M for 5-unit walkup in Greenpoint

Albert Dayan through the entity 196 Nassau Aretz LLC paid $3.2 million for the five-unit residential walkup building (C2) at 196 Nassau Avenue in Greenpoint, Brooklyn. The expected use is cash flowing.
The deal closed on January 30, 2026 and was recorded on February 18, 2026. The property has 4,200 square feet of built space and 800 square feet of additional air rights for a total buildable of 5,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $773 and the price per buildable square foot is $650 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The seller bought the property on June 24, 2003, for $600,000. The signatory for the seller was Arnold T. Hagler. The signatory for Albert Dayan was Albert Dayan. The contract date was January 30, 2026.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Albert Dayan purchased seven properties in seven transactions for a total of $20.9 million and has no record it sold any properties over the past 24 months.
The seller Arnold T. Hagler had not purchased any other properties and had not sold any properties over the same time period. The former owners according to the Department of Housing Preservation and Development includes Yoav Hagler, head officer and Ethan Rozenblatt, site manager. The business entity is Arnold Hagler. The 4,200-square-foot property generated revenue of $100,044 or $24 per square foot, according to the most recent income and expense figures.

The property

The residential walkup building with 5 residential units in Greenpoint has 4,200 square feet of built space and 800 square feet of additional air rights for a total buildable of 5,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 25 feet and is 100 feet deep with a total lot size of 2,500 square feet. The zoning is R6B which allows for up to 2 times floor area ratio (FAR) for residential with inclusionary housing. The city-designated market value for the property in 2022 is $1.4 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the property for the past 24 months. In addition, according to city public data, the property has not received any significant violations in the last year.

Development

There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On this tax block, PincusCo has identified the owners of 30 of the 38 commercial properties representing 146,364 square feet of the 175,302 square feet. The largest owner is Jasmin Markasevic, followed by Franciszek Niedzielski and then Ink Property Group.
On the tax block, there was one new building construction project filed totaling 3,449 square feet. It is a eight-unit, 3,449 square-foot residential (R-2) building submitted by Belvedere Bridge Realty and filed by Lukasz Rusin with plans filed October 16, 2025 and it has not been permitted yet.

The majority, or 71 percent of the 175,302 square feet of built space are walkup buildings, with mixed-use buildings next occupying 29 percent of the space.

The buyer

The PincusCo database currently indicates that Albert Dayan owned at least nine commercial properties with 21 residential units in New York City with 28,860 square feet and a city-determined market value of $15.7 million. (Market value is typically about 50% of actual value.) The portfolio has $2.1 million in debt, borrowed from Valley National Bank. Within the portfolio, all identified are mixed-use properties. They are all located in Brooklyn.

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