News:
Brokerage
Posted: November 5, 2019
Yankelovich of GFI Realty Services acts for buyer and seller in $2.8 million sale
Brooklyn, NY GFI Realty Services, LLC handled the $2.8 million sale of 1807 Avenue P, a mixed-use building located in the Midwood neighborhood. The 5,600 s/f building is composed of two apartments and a medical office.
GFI Realty senior director Erik Yankelovich represented the seller and buyer in this transaction, both are local investors.
“This 14-year-young building is well situated in proximity to public transportation and the bustling Kings Highway thoroughfare,” said Yankelovich.
This mixed-use asset is near local and national businesses, and is close to the B and Q subway lines.
Tags:
Brokerage
MORE FROM Brokerage
Woof Gang Bakery & Grooming leases at 425 Union Blvd. in West Islip
West Islip, NY Robert Raffa and Robert Monahan from Island Associates negotiated a new lease at 425 Union Blvd. The new addition to the new 20,000 s/f
Quick Hits
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
A fresh start - by Shallini Mehra and Amit Doshi
For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced
Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman
July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
