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Ariel Markets Trio of Sites in Bushwick, Brighton Beach

Ariel Property Advisors has been exclusively retained to sell 29 Locust St. and 102 Wyckoff Ave. (pictured), a mixed-use building and development site, respectively, in Brooklyn’s Bushwick neighborhood. Separately, the company is marketing 2915 Ocean Pkwy., a ground lease asset in Brighton Beach.

The three-story mixed-use building at 29 Locust will be delivered vacant, providing an immediate opportunity to reposition an asset just blocks away from one of Brooklyn’s most active development markets. The 60-foot by 85-foot development site at 102 Wyckoff provides a rare opportunity to acquire sizeable footage close to public transportation, according to Ariel.

Daniel Tropp, Shimon Shkury and Alexander McGee are representing 29 Locust’s owner. Tropp, McGee and Sean R. Kelly are advising the 102 Wyckoff ownership.

The Brighton Beach site represents 35,542 buildable square feet for residential use, including air rights. Tropp, Shkury and Jonathan Berman are representing the owner.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).