Erik Yankelovich Principal

Erik Yankelovich is a Principal and founding partner at ARG.  He began his career as a commercial real estate sales associate in 2003 and quickly developed a distinguished reputation in the industry. He is an expert in the New York City real estate market and has established many dynamic relationships with countless property owners. Erik educates his clients on all aspects of the commercial brokerage business and has a very active client base of local and abroad investors. He has negotiated the sale of over $1B worth of real estate.  Erik’s transaction and press releases have been featured in outlets such as Crain’s, The New York Times, The Real Deal, BISNOW, NYRJ and Commercial Observer. Notably, several of his transactions broke records allowing many in the industry to reach for new heights.  Among  some of his more notable transactions are:

Blackstone’s purchase of 535 Zerega Avenue for $28,500,000

Greenroad Capital purchase of Prospect Park South buildings for $27M

$46 million portfolio sale of three large Brooklyn elevator buildings

$27M Upper East Side Sale to European investor

Rybak buys Brighton Beach site for $13.5M, plans 22-story tower

Sale of 115 Ocean Ave., an 89-unit Prospect Park building for $25.7 million, about $16 million more than previous owner paid four years prior

Sale of longtime Sheepshead Bay diner for $13M

Sale of Loehmann’s Seaport Plaza for $24M

Outside of his professional endeavors, Erik is involved in several charitable organizations which have honored him and his commitment with awards and recognition for his contributions.  He is an active board member of MDS (Mazel Day School), RAJE, Sinai Academy High School, Yad Yitzchok Fund, and his local Synagogue in Manhattan Beach.  Erik received his Bachelor of Science degree from Stony Brook University.  Born in Khust, Ukraine his family immigrated to the States in 1990. He, his wife and two daughters currently reside in Brooklyn, New York.

Erik Yankelovich Notable Transactions

Property Name City/State Price
Property Name: 420 Avenue F, 320 Ocean Parkway & 2302 85th Street City/State: Brooklyn, NY Price: $46,000,000
Property Name: 535 Zerega Avenue City/State: Bronx NY Price: $28,500,000
Property Name: $27M Upper East Side Sale City/State: New York, NY Price: $27,000,000
Property Name: 111 Woodruff Avenue & 11 Crooke Avenue City/State: Brooklyn, NY Price: $26,700,000
Property Name: 115 Ocean Avenue City/State: Brooklyn, NY Price: $25,700,000
Property Name: 601 Ocean Parkway City/State: Brooklyn, NY Price: $19,465,000
Property Name: 2261 Ocean Avenue City/State: Brooklyn, NY Price: $15,500,000
Property Name: 754 East 23rd Street & 837 East 22nd Street City/State: Brooklyn, NY Price: $14,650,000
Property Name: 1865 77th St City/State: Brooklyn, NY Price: $8,000,000
Property Name: 862 & 868 50th Street City/State: Brooklyn, NY Price: $5,150,000

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