Apex Investments pays $10.6M for warehouse in Greenpoint

Apex Investments through the entity 83-97 Apollo Owner LLC paid Jerry Lebedowicz’s Jl Take Two LLC $10.6 million for 83 Apollo Street in Greenpoint. The deal closed on December 16, 2020, and was recorded on December 24, 2020. The transaction consists of 1 parcel, including the tax class miscellaneous warehouse (E9). The property is 23,000 square feet.
The average sale price per square foot is $461.

The contract date was August 4, 2020. The signatory for Apex was Kasra Sanandaji. The last time the property sold was September 1, 2016 for $10,564,030.

Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 major renovation applications including a certificate of occupancy change (A1) filed with a total estimated value of $20,000.
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