Garbo & Company pays $5M for mixed-use in Williamsburg
105 Berry St (Credit - Cyclomedia)
Garbo & Company through the entity Berry Apartments LLC paid $5 million to John Odomirok through the entity Odomirok, John for the six-unit mixed-use building (S9) at 105 Berry Street in Williamsburg, Brooklyn. The expected use is cash flowing.
The deal closed on January 30, 2026 and was recorded on February 4, 2026. The property has 5,350 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $934 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 signatory for John Odomirok was John Odomirok. The signatory for Garbo & Company was Yaniv Garbo . The contract date was January 30, 2026.
Prior sales, articles and revenue
Prior to this transaction, PincusCo has records that the buyer Garbo & Company purchased four properties in four transactions for a total of $10.1 million and has no record it sold any properties over the past 24 months.
The seller John Odomirok had not purchased any other properties and had not sold any properties over the same time period. The former owner according to the Department of Housing Preservation and Development is John Odomirok, individual owner.
The property
The mixed-use building with 6 residential units in Williamsburg has 5,350 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 27 feet and is 80 feet deep with a total lot size of 2,160 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 $2.5 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 neighborhood
In Williamsburg, The bulk, or 39 percent of the 50.4 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 25 percent of the space. In sales, Williamsburg has the 6th highest sale turnover among other neighborhoods in the city with $1.9 billion in sales volume in the last two years. For development, Williamsburg is the 2nd most active neighborhood among other neighborhoods. It had 42.1 million square feet of commercial and multi-family construction under development in the last two years, which represents 83 percent of the neighborhood’s built space. There were three pre-foreclosure suit filed among other mixed-use buildings in the past 12 months.
The block
On this tax block, PincusCo has identified the owners of nine of the 18 commercial properties representing 51,637 square feet of the 84,875 square feet. The largest owner is Manjula Mukhopadhyay, followed by Fergus Grant and then Saul Tawil.
There are no active new building construction projects on this tax block.
The majority, or 57 percent of the 84,875 square feet of built space are walkup buildings, with mixed-use buildings next occupying 27 percent of the space.
The buyer
The PincusCo database currently indicates that Garbo & Company owned at least five commercial properties with 13 residential units in New York City with 21,278 square feet and a city-determined market value of $4.3 million. (Market value is typically about 50% of actual value.) The portfolio has $13.4 million in debt, borrowed from S3 Capital. Within the portfolio, the bulk, or 52 percent of the 21,278 square feet of built space are mixed-use properties, with walkup properties next occupying 27 percent of the space. The bulk, or 58 percent of the built space, is in Manhattan, with Queens next at 27 percent of the space.
Direct link to Acris document. link
