Real Estate Weekly | June 22, 2018
GFI Realty Services announced the following exclusive agency assignments:
• The sale of a portfolio of two Brooklyn multifamily properties located at 347 Pacific Street in Boerum Hill and 427 3rd Avenue in Gowanus. The properties contain a total of 18 apartments and comprise 11,640 s/f. Senior Director Shlomo Antebi will be marketing the portfolio, with pricing targeted at $8.15 million. Constructed circa 1920, 347 Pacific is a five-story walk-up with 10 rental apartments. 427 3rd Avenue is a four-story walk-up constructed in 1931 and comprising eight apartments.
• 1915-1919 Cornaga Avenue, a development site in Far Rockaway, Queens, is being marketed by Yosef Katz, with pricing targeted at $3.1 million. The offering consists of two contiguous lots, located between Beach 19th and Beach 20th Streets, which feature of a combined 100 feet of frontage and approximately 61,153 maximum buildable square feet. One of the two lots is empty, while the other contains a single-story structure that is currently vacant. In total, the development site has a footprint of 15,161 s/f. The parcels are located in a recently rezoned area of downtown Far Rockaway that is expected see the delivery of over 3,100 apartments, nearly 165,000 square feet of retail space, and over 80,900 gross square feet of community facility space. It is also blocks away from the A subway line at the Far Rockaway-Mott Avenue station.