The Real Deal New York

Jonas Equities buys another Brooklyn apartment building for $32M

Property at 2355 East 12th Street in Sheepshead Bay has 121 units
By Eddie Small | September 24, 2018 02:30PM

2355 East 12th Street in Brooklyn (Credit: Apartments)

Brooklyn multifamily investor Jonas Equities has purchased another building in the borough.

The company purchased a six-story, 121-unit apartment building at 2355 East 12th Street for $31.9 million, according to property records. R&C Management was the seller.

Representatives from Jonas Equities were not immediately available for comment.

The purchase is the latest in a string of recent buys for the company. Jonas Equities bought two apartment buildings in August at 1775 East 18th Street in Sheepshead Bay and 140 Ocean Parkway in Kensington for $46 million, and in July, the firm bought a 66-unit apartment building at 297 Lenox Road in Flatbush for $12.8 million.

A tenant sued a Jonas Equities affiliate in Brooklyn federal court last year over claims that the company had tried to illegally evict her family, but the tenant dismissed her case this past June.