News: Brokerage

Antebi of GFI Realty represents buyer and seller in $3 million sale of 16-unit Bronx multifamily

Shlomo Antebi,
GFI Realty Services

Bronx, NY GFI Realty Services, LLC completed the $3 million sale of 2450 Fuller St, a corner four-story walk-up, 16-unit multifamily property located in the Westchester Square neighborhood. GFI Realty senior director Shlomo Antebi represented the seller and the buyer, both of whom are local investors.

Constructed in 1927, the 13,680 s/f property features a mix of 14 one-bedroom units, one two-bedroom unit and one three-bedroom unit.

“The sellers realized that investors would be attracted to this stable cash-flowing multifamily asset,” said Antebi. “The property is ideally situated just blocks from the square, an area in the neighborhood where all of the national and local retailers are located as well as the main transit hub.”

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking