Real Estate Weekly | December 7, 2018
GFI Realty Services announced the $9.65 million sale of 757-765 Flatbush Avenue, a portfolio of four fully-occupied, contiguous, commercial properties in the Flatbush section of Brooklyn. The buyer and seller, both local investors, were represented by GFI Managing Director Yosef Katz. The four single-story properties are occupied by a total of eight retail stores, with lease expirations ranging from 2019 to 2024. With Flatbush continuing its upward trajectory, GFI successfully procured a buyer who plans to construct a mixed-use property upon completion of the retail leases.