GFI Realty retained as exclusive sales agent for two-building Brooklyn portfolio

 

 

Brooklyn, NY GFI Realty Services, LLC has been named the exclusive sales agent for a portfolio of two multifamily properties. The properties, located at 347 Pacific St. in Boerum Hill and 427 3rd Ave. in Gowanus, contain a total of 18 apartments and comprise 11,640 s/f. GFI Realty senior director Shlomo Antebi will be marketing the portfolio. 

Constructed circa 1920, 347 Pacific is a five-story walk-up with 10 rental apartments located on a tree-lined street in Boerum Hill. The property is close to the Smith and Court St. commercial corridors as well as Brooklyn Bridge Park and the Brooklyn Academy of Music. Its location in Boerum Hill also puts it within walking distance of more than a dozen subway lines.

A four-story walk-up, 427 3rd Ave. was constructed in 1931 and comprises eight apartments. Located in Gowanus, close to Park Slope, the property is near Whole Foods, Prospect Park and Grand Army Plaza as well as the D, F, G, N and R trains.

“These properties are very well-located in their respective neighborhoods, providing residents with easy access to mass transit and a mix of stores and eateries,” said Antebi. “With seven free-market units across the two buildings, there is a lot of untapped value in these properties. The seller is looking to divest of both buildings to redeploy capital to other investments, and he will consider offers for either one or both of these prize assets.”