Moskowitz and Katz of GFI Realty Services handle $1.15 million sale

Isaac Moskowitz, GFI Realty Services, LLC

Brooklyn, NY GFI Realty Services, LLC has completed the $1.15-million sale of a four-story, walk-up apartment building in the Flatbush neighborhood. The 1931 constructed building, which totals 6,100 s/f is located at 2533 Church Ave. and is comprised of eight apartments.

Isaac Moskowitz, associate of GFI Realty Services, and Yosef Katz, managing director of GFI, represented both the buyer and seller, private local investors.

“Although not as widely discussed, Flatbush is experiencing the same resurgence as the rest of Brooklyn, with an influx of new residents and developments to the area,” said Moskowitz.

“Flatbush is a sub-market primed for great growth due to the diversity of its architecture — a mix of pre-war and single-family homes — as well as its ease of accessibility to Manhattan.”

Yosef Katz, GFI Realty Services, LLC

Katz said, “The buyers recognize the potential growth for this area, and intend to hold onto this asset for the long term and invest in significant capital improvements. Located in close proximity to Prospect Park, 2533 Church Ave. is just blocks from the 2 and 5 subway lines, and just blocks away from Flatbush Avenue, a major commercial corridor in the area.”