---
title: "Vital Infrastructure REIT Buys East New York Outpatient Facility for $90M"
url: https://burnaze.com/article/78c71525-17b1-4838-8db2-346b8eb97ca4
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/07/vital-infrastructure-reit-buys-101-pennsylvania-avenue-brooklyn/
author: "Mark Hallum"
category: "Real estate"
industry: "Business Services"
segment: "Real estate"
published: 2026-07-29T14:59:55.000Z
modified: 2026-10-31T13:16:44.241Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/07/Ben-Appel_Adam-Spies_Jay-Miele_Justin-Shepard_Vital-ENY-copy.jpg?quality=80&resize=1200%2C630&strip=
---

# Vital Infrastructure REIT Buys East New York Outpatient Facility for $90M

**TL;DR:** Vital Infrastructure Property Trust, a Toronto-based REIT, has acquired the East New York Health Hub, a 142,249-square-foot medical facility in Brooklyn, for $89.9 million. The facility is currently leased to AdvantageCare Physicians New York.

*By Mark Hallum, originally published in Commercial Observer on 2026-07-29. [Read the original](https://commercialobserver.com/2026/07/vital-infrastructure-reit-buys-101-pennsylvania-avenue-brooklyn/).*

## Story

A Toronto-based real estate investment trust (REIT) has purchased an East New York, Brooklyn, medical facility for $89.9 million.

Health care infrastructure REIT **Vital Infrastructure Property Trust** announced last week that it acquired the 142,249-square-foot **East New York Health Hub** at **101 Pennsylvania Avenue**, which is leased as an outpatient care facility to **AdvantageCare Physicians New York**.

**Newmark**’s **Ben Appel**, **Adam Spies**, **Jay Miele**, **Justin Shepherd**, **John Nero**, **Adam** **Doneger**, **Matt Berres**, **Michael Greeley**, **Ron Ott**, **Conor Hilton** and **Drew Martin** negotiated on behalf of the buyer and the seller, according to *Crain’s New York Business**.*

The seller is **Squarefeet.com** owner **Jonas Rudofsky**, a former Newmark director, who has owned the property since 2019, when it was first developed, according to property records.

“This acquisition represents another important step in the execution of Vital Infrastructure’s growth strategy,” **Zach Vaughan**, CEO of Vital Infrastructure, said in a statement. “East New York Health Hub is a modern, institutional-quality, multi-disciplinary health care facility located in a high-barrier market and leased to one of New York’s largest health care networks. The acquisition further strengthens the resilience and quality of our portfolio while expanding our presence in a key U.S. market.”

The Newmark team declined to comment.

Newmark, however, identified the tenant as nonprofit insurance company **EmblemHealth**, while Vital said that AdvantageCare still has 11 years remaining on its lease. The building is also leased to **New York Cancer & Blood Specialists**, **Lenox Hill Radiology**, **New York Health**, **Advanced Dermatology** and **Quest Diagnostics**, according to the buyer.

Keywords: 101 Pennsylvania Avenue, Adam Doneger, Adam Spies, Ben Appel, Conor Hilton, Drew Martin, East New York Health Hub, Jay Miele, John Nero, Jonas Rudofsky, Justin Shepherd, Matt Berres, Michael Greeley, Ron Ott, Zach Vaughan, AdvantageCare Physicians New York, EmblemHealth, Newmark, Squarefeet.com, Vital Infrastructure Property Trust

## Entities

- Real Estate (sector)
- Commercial Observer (publication)
- Mark Hallum (person)
- Newmark (company)
- Adam Doneger (person)
- Adam Spies (person)
- reit acquisition (topic)
- Vital Infrastructure Property Trust (company)
- East New York Health Hub (location)
- AdvantageCare Physicians New York (company)
- Jonas Rudofsky (person)
- Zach Vaughan (person)

---
Originally reported by Mark Hallum, Commercial Observer (https://commercialobserver.com/2026/07/vital-infrastructure-reit-buys-101-pennsylvania-avenue-brooklyn/). Summarized by Burnaze (https://burnaze.com/article/78c71525-17b1-4838-8db2-346b8eb97ca4).