Real Estate Weekly | July 5, 2018
GFI Realty Services announced the following exclusive assignments:
• The sale of 2802 Clarendon Road (301-311 East 28th Street), a corner four-story walk-up, 38-unit multifamily property located in the Flatbush section of Brooklyn. Senior Director Shlomo Antebi will oversee the marketing of the property, with pricing targeted at $7.5 million. Constructed in 1931, the 32,800 s/f property features a mix of 25 one-bedroom units, 12 two-bedroom units, and a single three-bedroom unit. The property has been under the same ownership for over 30 years.
• The sale of a free-standing 9,464 s/f Family Dollar-occupied retail property in Mount Vernon, NY. The property, which underwent significant renovations in 2015, occupies a 0.33-acre lot on West Lincoln Avenue in the city’s Downtown Business District. Family Dollar, an investment-grade tenant, has seven years remaining on its double-net lease, and also holds two five-year renewal options. Yisroel Pershin will lead the property’s marketing efforts, with pricing targeted at approximately $3.2 million.