GFI Realty Services Retained as Exclusive Sales Agent for Bushwick Mixed-Use Property October 14, 2014

10/1/14 citybizlist

GFI Realty Services, Inc., a leading New York-based commercial real estate services firm, today announced that it has been named the exclusive sales agent for 378 Central Avenue, a three-story mixed-use building located in Bushwick, Brooklyn, and consisting of retail and residential components. GFI Realty broker Max Koshkerman is responsible for the marketing of the property, with pricing at approximately $1.45 million.

Located between Gates Avenue and Linden Street in the heart of Brooklyn’s Bushwick neighborhood, the mixed-use property presents an attractive opportunity for investors looking to take advantage of the emerging Bushwick real estate market.

“This building is a tremendous opportunity for investment because of its strategic location in increasingly popular Bushwick,” said Koshkerman. “The pre-war building is full of charm, and the chance to acquire retail storefronts in this burgeoning part of Brooklyn is a rare opportunity.” Bushwick is home to approximately 80,000 people, and has seen an influx of new residents in recent years, including growing communities of artists and young professionals.

Constructed in 1931, the property includes over 4,000 square feet of retail andresidential space, which is comprised of four, four-bedroom apartments and two stores. Conveniently located near mass transit, the property is just a few minutesaway from the J, Z and M subway lines.

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