Ohad Babo joined Epic Commercial Realty in December 2018 as a sales manager. He specializes in mixed-use, residential, and retail properties in Upper Manhattan and Brooklyn. Previously to Epic he had worked for GFI Realty Services, LLC. Already in his career he has transacted numerous high profile deals including the sale of 3750 Broadway, a corner mixed-use building located in Upper Manhattan, which set a record for price per square foot at the time of the transaction. Additionally, Mr. Babo represented both sides in the sale and the financing of 35 Journal Square, a landmark office building in Jersey City, NJ and both sides in the sales of The Griffith Piano Building, downtown Newark.
His past experience as a staff sergeant in the Israeli Defense Forces and as a professional basketball player has helped shape his strong work ethic and given him the ability to adjust to different clients and the changing market. Mr. Babo is committed to providing customized solutions to each of his clients. Each deal demonstrates his acute understanding the current marketplace conditions and his ability to expertly negotiate deals.
He graduated from Yeshiva University in 2012 with a BA in International Business and Management. He was born in Tel Aviv, Israel and currently resides in the Upper East Side.
Belmont 5-story residential building. 5.15% cap. Approximately $185,000 per unit.
Prime Canal Street location mixed-use building. 4.4% cap.
Mott Haven 5-story residential building. 4.5% cap. $200,000 per unit.
Central Harlem clean development site. Approximately 21,000 SF air rights. $184/BSF.
Bushwick 3-story walk-up residential building. 5.4% cap. Approximately $250,000 per unit.
Harlem Eight Building Package, New York, NY - $37,000,000
35 Journal Square, Jersey City, NJ - $31,000,000
3750 Broadway, New York, NY - $16,000,000
750 10th Ave, New York, NY - $9,450,000
605-607 Broad St, Newark, NJ - $6,400,000
241 East 24th St, New York, NY - $4,100,000
1322 Cortelyou Rd, New York, NY - $3,300,000
18 West 125th St, New York, NY - $3,100,000