Katz, Pershin and Antebi of GFI broker $1.4 million sale

GFI Realty Services Inc. has brokered the $1.4 million sale of 403 Macon St., an early 1900s walk-up apartment building located in the Bedford-Stuyvesant section. The four-story apartment building consists of 16 apartments totaling 14,240 s/f. GFI's Yosef Katz, director, and Yisroel Pershin represented the seller, a private local investor. Shlomo Antebi, a director of GFI, represented the buyer, also a private local investor. "The high demand currently in the real estate market allowed the seller to receive a very competitive offer which he could not refuse," said Katz. "The buyer is very excited about the growth potential of Bedford Stuyvesant and plans to invest in capital improvements to the property, which he sees as a long term investment," said Antebi. This multifamily apartment building is located in close proximity of numerous churches, including historic Bridge Street AME, and several playgrounds. The property is also within blocks of Fulton Street, a major retail corridor. About GFI Realty Services With over 28 years of experience, GFI Realty Services, Inc. combines an intimate knowledge of local markets within comparable 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 City, and is committed to surpassing client's needs and maintaining a thorough understanding of the latest market trends.