New York & Tri-State CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Renovated Williamsburg Apartments Go Up for Sale
GFI Realty Services has been tapped to sell 47 Withers St., a fully-renovated walk-up apartment building in Brooklyn’s Williamsburg section. The firm’s Yehoshua Shamel will oversee marketing of the property; pricing is targeted at $5.3 million.
The property, which is located near the G and L subway lines, recently underwent an Alt-1 renovation, and now features six apartments and a ground-floor commercial unit with a large outdoor space. The residential units are fully-occupied, with modern condo finishes and hardwood floors. The vacant commercial space may be used as a restaurant or café.
“The demand for high-end product in Williamsburg continues to increase from both investors and prospective residents,” Shamel said. “This property’s commercial space is ideally suited for a wide range of uses, from restaurant to apparel to medical office, and we anticipate interest from both owner-users and traditional real estate investors.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition

