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Posted: April 9, 2012
Yankelovich of GFI Realty exclusively marketing 14,300 s/f office building
GFI Realty Services Inc. has been retained on an exclusive basis to sell 1517 Voorhies Ave., a 14,300 s/f 5-story elevator office building located in the Sheepshead Bay area. Built in 2001, this is one of the few contemporary office buildings in the area and has translated into 100% occupancy with long term leases in place. Erik Yankelovich, a senior broker at GFI Realty Services Inc., is representing the owner, a local investor, in this sale.
"The easy management and high income growth potential, due to the below market rents that are in place, make this a solid investment opportunity" said Yankelovich. "Additionally, there is a shortage of this kind of office space inventory in South Brooklyn and as a result 1517 Voorhies Ave. has been running at 100% occupancy since construction."
The property is accessible with its close proximity to the Belt Parkway as well as the B & Q subway lines and it sits in the middle of a thriving business district.
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.
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