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Brokerage
Posted: August 29, 2008
Itzhaki Props. named exclusive sales agent for three properties
Itzhaki Properties has been named exclusive agent for the following properties:
Shay Zach, managing partner and Ami Efrati, investment sales associate have the exclusive right to represent the properties located at 606-12 Jackson Ave. and 720 East 151st St. Located one block away from busy Westchester Ave. and a subway line, this area has become popular for development. This site, zoned R7-1, affords the potential investor the capacity to construct 7-8 three family homes. The site represents over 35,000 buildable s/f. This investment offers a tremendous opportunity to construct a rental building or affordable housing.
Zach has also obtained the exclusive right to represent the property located at 66 East 177th St. Located in a residential neighborhood in the western part of the borough, this development site is steps from the two major subway lines and commercial and pedestrian traveled streets, which naturally lends itself to contemplation as an affordable housing development. This property is in the Fordham neighborhood, known for its population density. The parcel represents over 36,000 buildable s/f and is zoned R8. This investment offers a tremendous opportunity to construct a rental building or affordable housing.
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