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New York & Tri-State  + Outer  + Apartments  | 

GFI Markets Apartments in Sought-After Bed-Stuy

GFI Realty Services was hired to sell 385-387 Monroe St., a four-story multifamily asset in Brooklyn’s Bedford-Stuyvesant section. Senior director Shlomo Antebi will oversee the marketing of the property, with pricing targeted at $3.85 million.

The property was constructed in 1913 and totals 17,000 square feet. The asset is comprised of large apartments, including a one-bedroom unit and eight each of two- and three-bedroom units.

“Bedford-Stuyvesant remains a sought-after neighborhood for both investors and prospective residents,” said Antebi. “This building is a particularly attractive asset because of its proximity to local shops and eateries located along Tompkins Avenue, as well as the Fulton Street commercial corridor. The property is also unique in that it offers large two and three bedroom apartments.”

GFI describes 385-387 Monroe as a cash-flowing property offering a prospective investor stable returns on an asset that should appreciate over time.

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For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition