Antebi of GFI Realty Services Inc. arranges $875,000 sale in Brooklyn

GFI Realty Services Inc. has brokered the sale of 942 Bergen St., a listing in the North Crown Heights section, for $875,000, which translates to 7.8 times the rent roll. The four-story mixed-use building consists of six apartments and one store totaling 5,700 s/f. Delivered with three vacant units, the deal closed in under 30 days in an all-cash transaction. Shlomo Antebi, senior broker at GFI Realty Services, represented the buyer and the seller. "The buyer is looking at this investment as a long term ownership opportunity," said Antebi. "He hopes to capitalize on the continued growth of the neighborhood as more people move in from other parts of the city." This mixed-use property was built in 1931 and is located near A, C, 2, 3 4 & 5 subway trains. It is in close proximity to Grand Army Plaza, Prospect Park and the Brooklyn Botanic Gardens. With over 28 years of experience, GFI Realty Services, Inc. combines an intimate knowledge of local markets with incomparable client service, to maximize the value of every commercial real estate transaction they are engaged in. GFI, one of the top brokers of commercial real estate in the Bronx and Brooklyn, is committed to surpassing client's needs and maintaining a thorough understanding of the latest market trends.