The Real Deal New York

Former home of the North Brooklyn SNAP Center sells for about $23M

Jonas Equities was the seller
By Mary Diduch | December 24, 2018 02:30PM

500 DeKalb (Credit: Google Maps)

Jonas Equities sold the office complex that was the former home of the North Brooklyn SNAP Center for about $23.3 million, according to public records.

The buyer of 500 Dekalb Avenue, a six-story, approximately 56,000-square-foot office building, was Dekalb Center LLC, which lists Joseph Heimann as its managing director.
Jonas Equities and Heimann declined to comment.

A10 Capital LLC provided Dekalb Center LLC with about $21 million in financing, of which $1.85 million was a land loan and about $2.5 million a building loan. A10 Capital declined to comment.

The property used to house the North Brooklyn SNAP Center and the Dekalb Job Center, both operated by the NYC Human Resources Administration. The North Brooklyn SNAP Center closed permanently in September, and the Dekalb Job Center moved to 275 Bergen Street in October.