Renovated Williamsburg Apartments Go Up for Sale February 4, 2019

Connect Media | January 28, 2019

GFI Realty Services has been tapped to sell 47 Withers St., a fully-renovated walk-up apartment building in Brooklyn’s Williamsburg section. The firm’s Yehoshua Shamel will oversee marketing of the property; pricing is targeted at $5.3 million.

The property, which is located near the G and L subway lines, recently underwent an Alt-1 renovation, and now features six apartments and a ground-floor commercial unit with a large outdoor space. The residential units are fully-occupied, with modern condo finishes and hardwood floors. The vacant commercial space may be used as a restaurant or café.

“The demand for high-end product in Williamsburg continues to increase from both investors and prospective residents,” Shamel said. “This property’s commercial space is ideally suited for a wide range of uses, from restaurant to apparel to medical office, and we anticipate interest from both owner-users and traditional real estate investors.”

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