Real Estate Weekly | December 13, 2018
GFI Realty Services has been named the exclusive sales agent for 1070 Cypress Avenue, a mixed-use multifamily and retail building on the border of Bushwick, Brooklyn and Ridgewood, Queens. Associate Yehoshua Shamel will oversee the marketing of the property, with pricing targeted at $1.675 million. Constructed in 1931, the two-story building totals 2,720 s/f and is composed of three apartments and a ground-floor commercial space. The apartments are configured as two two-bedroom units and one three-bedroom unit. The commercial space is occupied by a pizzeria, whose lease expires in 2023.