Zamir and Abudi of GFI complete $1.26 million sale of 330 East 117th Street; Four-story walk-up located in East Harlem
GFI Realty Services Inc., has completed the $1.26 million sale of 330 East 117th St., a four-story walk-up located in the East Harlem section. The property consists of five apartments and one office which translates to $210,000 per unit and ten times the rent roll. This early 1900's apartment building totals 5,200 s/f. Kobi Zamir, an associate of GFI, represented the seller, a local investor. Zamir and Roni Abudi, the managing partner of GFI, together represented the buyer, also a local investor.
"The property was rebuilt eight years ago and is in great condition," said Zamir. "The property will only require a few additional upgrades."
"The buyer jumped at the opportunity to purchase a fully renovated property in a great location," said Abudi.
This multifamily apartment building is located in close proximity to the East River Plaza, the busy East 116th St. corridor, as well as major subway lines which are only a short walk away.
Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary