Zuntz, Bernstein pay $5.2M to Gothic Cabinet for retail in Prospect Lefferts Gardens

Avrohom Zuntz and Yisroel Bernstein through the entity 160 Empire Properties LLC paid $5.2 million to Gothic Cabinet Craft through the entity Empire Millwork Corp. for the retail building (K1) at 160 Empire Boulevard in Prospect Lefferts Gardens, Brooklyn.
The deal closed on July 9, 2025 and was recorded on July 23, 2025. The property has 8,600 square feet of built space and 11,400 square feet of additional air rights for a total buildable of 20,000 square feet according to a PincusCo analysis of city data. The sale price per built square foot is $610 and the price per buildable square foot is $262 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 Gothic Cabinet Craft was Aristidis Zaharopoulos. The signatory for Avrohom Zuntz and Yisroel Bernstein was Avrohom Zuntz. The contract date was January 29, 2025.

Prior sales and revenue

Prior to this transaction, PincusCo has no record that the buyer Avrohom Zuntz had purchased any other properties and has no record it sold any properties over the past 24 months.
The seller Gothic Cabinet Craft had not purchased any other properties and had not sold any properties over the same time period. The 8,600-square-foot property generated revenue of $206,856 or $24 per square foot, according to the most recent income and expense figures.

The property

The retail building in Prospect Lefferts Gardens has 8,600 square feet of built space and 11,400 square feet of additional air rights for a total buildable of 20,000 square feet according to a PincusCo analysis of city data. The parcel has frontage of 100 feet and is 100 feet deep with a total lot size of 10,000 square feet. The zoning is C8-2 which allows for up to 2 times floor area ratio (FAR) for commercial The city-designated market value for the property in 2022 is $935,000.

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 Prospect Lefferts Gardens, The majority, or 55 percent of the 11.1 million square feet of commercial built space are elevator buildings, with walkup buildings next occupying 24 percent of the space. In sales, Prospect Lefferts Gardens has had very little sales volume relative to other neighborhoods with $101 million in sales volume in the last two years. For development, Prospect Lefferts Gardens has had very little major development activity relative to other neighborhoods.It had 131,735 square feet of commercial and multi-family construction under development in the last two years, which represents 1 percent of the neighborhood’s built space.

The block

On this tax block, PincusCo has identified the owners of three of the 11 commercial properties representing 106,855 square feet of the 293,192 square feet. The largest owner is Neil Simon Member, followed by Dov Rakower and then Parlanti Group.
There are no active new building construction projects on this tax block.

The majority, or 52 percent of the 293,192 square feet of built space are industrial buildings, with walkup buildings next occupying 42 percent of the space.

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