Sheepshead Bay

Jonas Equities buys latest in string of apartment-house purchases

September 25, 2018 By Raanan Geberer Brooklyn Daily Eagle
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Brooklyn apartment-building investor Jonas Equities has purchased a six-story, 121-unit Sheepshead Bay building at 2355 E. 12th St. for $31.9 million. This is just the latest in a string of recent purchases by Jonas Equities, according to The Real Deal.

In August, the company bought two buildings, 1775 E. 18th St. in Sheepshead Bay and 140 Ocean Parkway in Kensington, for a combined $46 million.

In July, Jonas bought a 66-unit building at 297 Lenox Road in Flatbush for $12.8 million, The Real Deal reported. Although a tenant sued a Jonas affiliate in Brooklyn’s federal court last year, claiming that the company had tried to illegally evict her family, the case was dismissed this past June.

Photo: 2355 E. 12th St. © 2018 Google

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