GFI Realty Services, Inc. Retained as Exclusive Sales Agent for Clinton Hill Multifamily Building

NEW YORK (September 24, 2014) — GFI Realty Services, Inc., a leading New York-based commercial real estate services firm, today announced that it has been named the exclusive sales agent for 373-377 Franklin Avenue, a prime Clinton Hill 10-unit apartment building at the corner of Franklin Avenue and Quincy Street, which was built in 2006. GFI Realty brokers Shlomo Antebi and Joseph Landau are responsible for the marketing of the property.

“This multifamily building provides an alluring opportunity for investors, as the numerous cafes, boutiques and upscale restaurants continue to attract renters to the area,” said Antebi. “Its fully-leased apartments are modern and spacious and the buyer will acquire a prime building in the increasingly popular Clinton Hill neighborhood.”

Clinton Hill is home to about 50,000 residents as well as the Pratt Institute and Brooklyn campus of St. Joseph’s College, and has great demand for rental properties.

“This is an excellent opportunity for investors looking to acquire multifamily properties in this up-and-coming neighborhood, and take advantage of the timing in the market as rents continue to accelerate.” said Landau. “As other areas of Brooklyn become saturated, Clinton Hill is positioned as an ideal location for New York’s influx of young professionals.”

The corner property includes a six-car parking garage in addition to its 10 apartments, which total 13,452 square feet. The three- and four-bedroom apartments are completed with high-end condo finishes.

Located in the south of the Clinton Hill neighborhood, the property is ideally located near mass transit, just a few minutes from the A, C, and G trains and the Franklin Avenue Shuttle.

About GFI Realty Services, Inc.

An affiliate of GFI Capital Resources Group, Inc., GFI Realty Services, Inc. imparts strategic and comprehensive solutions to maximize the value of real estate assets. Offering a wide array of brokerage services including investment sales, commercial real estate financing and retail leasing, GFI Realty Services, Inc. utilizes its affiliate companies’ fully-integrated platform to provide owners, buyers, landlords and tenants nationwide with the market knowledge and due diligence required to consummate multifaceted transactions.

The company’s extensive knowledge of the commercial real estate industry, advanced analytical capabilities and incomparable client services position its executives as masters at executing off market and complex deals that require the most innovative solutions. For more information, visit GFIRealty.com.

About GFI Capital Resources Group, Inc.

Founded in 1983 and headquartered in New York City, GFI Capital Resources Group, Inc. is a leading, diversified provider of comprehensive real estate and insurance services to clients throughout the U.S. Through an integrated platform of affiliates specializing in mortgage banking, commercial real estate sales and finance, property management, insurance and development, along with its hotel affiliate, GB Lodging, GFI is powered by strong relationships with major financial institutions, investors, and buyers and sellers of real estate.

GFI has built its reputation on a steadfast commitment to maintaining the highest level of professionalism in every aspect of its business. The company’s service-oriented culture, extensive network and deep knowledge of local markets strongly position GFI to deliver unparalleled value and results. For more information, visit gficap.com.