Eden Ashourzadeh pays $2.6M for 5-unit walkup in Greenpoint

Eden Ashourzadeh through the entity 113 Eagle LLC paid $2.6 million for the five-unit residential walkup building (C2) at 113 Eagle Street in Greenpoint, Brooklyn. The expected use is cash flowing.
The deal closed on February 18, 2026 and was recorded on February 27, 2026. The property has 2,280 square feet of built space and 2,725 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 $1,140 and the price per buildable square foot is $520 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 signatories for the sellers were Eugenie E. Smilowitz and Theresa Toniuk. The signatory for Eden Ashourzadeh was Eden Ashourzadeh. The contract date was December 3, 2025.

Prior sales, articles and revenue

Prior to this transaction, PincusCo has records that the buyer Eden Ashourzadeh purchased six properties in six transactions for a total of $15.3 million and sold two properties in two transactions for a total of $10.1 million over the past 24 months.
The seller Eugenie E. Smilowitz 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 Eugenie Smilowitz, head officer and Martin Smilowitz, officer. The 2,280-square-foot property generated revenue of $77,429 or $34 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 2,280 square feet of built space and 2,725 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 $1.1 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 24 of the 27 commercial properties representing 160,702 square feet of the 170,944 square feet. The largest owner is Henry Kielmanowicz, followed by Watermark Capital Group and then Mordechai G. Piller.
On the tax block, there were two new building construction projects totaling 9,982 square feet. The largest is a four-unit, 4,999 square-foot residential (R-2) building submitted by Ram Michael and filed by Ran Michaeli with plans filed June 28, 2022 and permitted January 19, 2023. The second largest is a seven-unit, 4,983 square-foot residential (R-2) building submitted by Romeo Caicedo with plans filed September 24, 2014 and permitted January 19, 2024.

The majority, or 62 percent of the 170,944 square feet of built space are walkup buildings, with elevator buildings next occupying 23 percent of the space.

The buyer

The PincusCo database currently indicates that Eden Ashourzadeh owned at least 14 commercial properties with 66 residential units in New York City with 59,688 square feet and a city-determined market value of $16.1 million. (Market value is typically about 50% of actual value.) The portfolio has $16.8 million in debt, with top three lenders as Customers Bank, Hakimian Partners, and Hakimian Capital respectively. Within the portfolio, the bulk, or 56 percent of the 59,688 square feet of built space are walkup properties, with mixed-use properties next occupying 29 percent of the space. They are all located in Brooklyn.

Direct link to Acris document. link