Sarfatys pay $3.3M to Icer Properties for retail in Marine Park

Sammie Sarfaty and Yonatan Sarfaty through the entity 2600 Flatbush LLC paid $3.3 million to the Jamal family’s Icer Properties through the entity SLJ of Flatbush LLC for the retail building (K1) at 2600 Flatbush Avenue in Marine Park, Brooklyn. The expected use is cash flowing.
The deal closed on August 14, 2025 and was recorded on August 27, 2025. The property has 11,149 square feet of built space according to a PincusCo analysis of city data. The sale price per built square foot is $295 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 Icer Properties was Joseph Cohen . The signatory for Sammie Sarfaty and Yonatan Sarfaty was Sammie Sarfaty and Yonatan Sarfaty. The contract date was March 31, 2025.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Sammie Sarfaty had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Icer Properties had not purchased any other properties and had not sold any properties over the same time period. The 11,149-square-foot property generated revenue of $398,604 or $36 per square foot, according to the most recent income and expense figures.

The property

The retail building in Marine Park has 11,149 square feet of built space according to a PincusCo analysis of city data. The parcel has frontage of 67 feet and is 200 feet deep with a total lot size of 10,700 square feet. The lot is irregular. The zoning is C8-1 which allows for up to 1 times floor area ratio (FAR) for commercial 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 Marine Park, The bulk, or 26 percent of the 2.1 million square feet of commercial built space are mixed-use buildings, with specialty buildings next occupying 25 percent of the space. In sales, Marine Park has the 41st highest sale turnover among other neighborhoods in Brooklyn with $54.3 million in sales volume in the last two years. For development, Marine Park has had very little major development activity relative to other neighborhoods.It had 8,005 square feet of commercial and multi-family construction under development in the last two years, which represents 0.38 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of one of the five commercial properties representing 55,200 square feet of the 132,349 square feet. The identified owner is Raymour & Flanigan.
On the tax block, there was one new building construction project filed totaling 55,200 square feet. It is a 55,200 square-foot mercantile (M) building submitted by Raymour & Flanigan and filed by Sonny Rousell with plans filed October 11, 2016 and permitted April 16, 2018.

The majority, or 55 percent of the 132,349 square feet of built space are retail buildings, with specialty buildings next occupying 45 percent of the space.

The seller

The PincusCo database currently indicates that Icer Properties owned at least 21 commercial properties with 236 residential units in New York City with 280,237 square feet and a city-determined market value of $36.6 million. (Market value is typically about 50% of actual value.) Within the portfolio, the bulk, or 65 percent of the 280,237 square feet of built space are walkup properties, with office properties next occupying 14 percent of the space. The bulk, or 54 percent of the built space, is in Manhattan, with Bronx next at 25 percent of the space.

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