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New York & Tri-State  + Outer  + Retail  | 

Retail Condo Up for Sale in Borough Park

GFI Realty Services is marketing for sale 4809 & 4815 14th Ave., a 11,458-square-foot retail condominium in the Borough Park section of Brooklyn.  The asking price is $11 million.

GFI’s Ohad Babo and David Levinson will oversee the sale of the condo. The condo is comprised of four occupied units across the ground level and the cellar, including three medical offices and a daycare.

The property is situated at the base of a newly-constructed six-story elevator apartment building, completed in 2019.  It’s located within blocks of Maimonides Medical Center, and on one of the major commercial corridors in the area.

“The asset presents the opportunity to acquire a fully occupied cash-flowing retail condo on a major commercial corridor in the area,” said Babo. “The condo is leased to medical offices and a daycare, which are well-positioned to serve this densely populated area.”


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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).