Bronstein Properties sells 24-unit walkup in South Ozone Park for $2.5M to Surjeet Singh
104-20 115th Street (Credit - Cyclomedia)
Surjeet Singh through the entity Lincoln 115 Realty LLC paid $2.5 million to Bronstein Properties through the entity Liberty 115 LLC for the 24-unit residential walkup building (C1) at 104-20 115th Street in South Ozone Park, Queens. The expected use is cash flowing.
The deal closed on February 18, 2026 and was recorded on March 3, 2026. The property has 18,000 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $138 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 July 1, 2014, for $2.5 million. The signatory for Bronstein Properties was Barry Rudofsky . The signatory for the buyer was Surjeet Singh. The contract date was November 7, 2025.
Prior sales, articles and revenue
The seller Bronstein Properties purchased three properties in two transactions for a total of $298.5 million and sold three properties in two transactions for a total of $297.5 million over the past 24 months. The former owners according to the Department of Housing Preservation and Development includes Scott Silverman, head officer and Barry Rudofsky, officer. The business entities are Bronstein Properties Llc and Liberty 115, Llc. The 18,000-square-foot property generated revenue of $387,504 or $22 per square foot, according to the most recent income and expense figures.
The property
The residential walkup building with 24 residential units in South Ozone Park has 18,000 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 80 feet and is 94 feet deep with a total lot size of 7,560 square feet. The zoning is R4A which allows for up to 0.75 times floor area ratio (FAR) for residential. The city-designated market value for the property in 2022 is $1.4 million. The property has 22 rent regulated units according to city tax records from 2024.
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 one of the eight commercial properties representing 18,000 square feet of the 45,460 square feet. The identified owner is Bronstein Properties.
There are no active new building construction projects on this tax block.
The majority, or 60 percent of the 45,460 square feet of built space are mixed-use buildings, with walkup buildings next occupying 40 percent of the space.
The seller
The PincusCo database currently indicates that Bronstein Properties owned at least 89 commercial properties with 4,595 residential units in New York City with 4,196,098 square feet and a city-determined market value of $462.5 million. (Market value is typically about 50% of actual value.) The portfolio has $483.2 million in debt, with top three lenders as New York Community Bank, Capital One, and Signature Bank respectively. Within the portfolio, the bulk, or 68 percent of the 4,196,098 square feet of built space are elevator properties, with walkup properties next occupying 32 percent of the space. The bulk, or 48 percent of the built space, is in Queens, with Manhattan next at 27 percent of the space.
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