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GFI Realty Services

140 Broadway
New York, NY 10005
(212) 668-1444
Website
GFI REALTY SERVICES

Why the condo glut in Sheepshead Bay is causing a CRE shortage
03/29/18
...Yankelovich, the senior director of investment sales at GFI Realty Services, said the quality gap between housing in Sheepshead Bay and “Brownstone Brooklyn” has closed...

Here’s what the $10M-$20M NYC investment sales market looked like last week
03/26/18
...The seller is a certain Madeline Behette. A GFI Realty Services team composed of Yosef Katz, Natan Safdieh and Erik Yankelovich represented the seller and...

Bay watch
...Yankelovich, the senior director of investment sales at GFI Realty Services, said the quality gap between housing in Sheepshead Bay and “Brownstone Brooklyn” has closed...

The NYC investment sales market has a new No. 1 firm. Here’s who it is
02/06/18
...a ‘tell year,’” said Michael Weiser, president of GFI Realty Services, which ranked 17th with $305.9 million. “Is the relationship with Eastdil or with Harmon and...

The investment sales shakeout
...a ‘tell year,’” said Michael Weiser, president of GFI Realty Services, which ranked 17th with $305.9 million. “Is the relationship with Eastdil or with Harmon and...

After the closing: What happens when brokers battle over commissions
01/30/18
...to some degree,” said Michael Weiser, president of GFI Realty Services. “Perhaps some brokers will say they’re going to shoot you before they pull...

Harry Jeremias sells three-building BK portfolio for $46M
01/11/18
...Mark Steinmetz represented both sides in the deal. GFI Realty Services...

These were the biggest Queens deals of the third quarter
10/19/17
...million Buyer: Zara Realty Seller: Vincent Ragosta Brokerage: GFI Realty Services Zara Realty purchased this Jamaica property in September as part of a two-building deal...

Dov Hertz flips contracts on EJ Realty portfolio in first deal since leaving Extell
07/25/17
...Bank provided $25.3 million in financing. Barak Jacobov of GFI Realty Services represented both sides on the Tribeca deals. The deal also includes a property in...

Retail asking rents rise in Greenpoint and DoBro, dip in W’Burg: report
07/10/17
...square foot, according to a new report by GFI Realty Services cited by the Wall Street Journal. Williamsburg’s Bedford Avenue, on the other hand...

The East Harlem crossover
...percent to $815,000 in the past year, according to GFI Realty Services, while its median rent, at $2,400, has edged above Central and West Harlem. “It’s...

Bronx remains warm,
even as NYC market cools
...in the Bronx is transforming. Michael Weiser President, GFI Realty Services While the Bronx has attracted a lot of investment and development in the last...

This week in real estate market reports
03/30/17
...the full report here. Commercial East Harlem report | GFI Realty Services The dollar volume for single-family sales in East Harlem doubled in 2016 to $112 million from...

Inside Rosewood Realty’s holiday party: PHOTOS
12/09/16
...were also emissaries from firms such as CBRE, GFI Realty Services, Eastern Union, HPNY and Meridian Capital Group, including its CEO Ralph Herzka. Steven Croman...

The week in real estate market reports
11/09/16
...Click to enlarge (credit: Zillow and GFI Realty Services) According to the latest batch of market reports, mortgage rate denials were down in...

Gowanus experiencing investment surge ahead of cleanup, possible rezoning
11/07/16
...Wall Street Journal reported. The study, conducted by GFI Realty Services , found that there’s been less development in the neighborhood because of the polluted...

I-sales brokers feeling the crunch
08/11/16
...not get changed,” said Michael Weiser, president of GFI Realty Services. “That’s not to say if someone’s really got their back against a...

Who are real estate’s
quiet money backers?
...s about ego,” said Michael Weiser, president of GFI Realty Services, referring to investors who’ve stepped out of the shadows. “But more often than...

Westbrook, Andrew Chung secure $136M loan to buy Long Island City warehouse
07/21/16
...have in Long Island City’s long-term potential,” GFI Realty Services...

ELO picks up two Garment District office buildings for $37M
07/15/16
...Education Center. Jermaine Pugh and Sylvia Spielman of GFI Realty Services  brokered the transaction, representing the buyer and seller respectively. A representative declined to comment...

Market Reports
The week in real estate market reports
07/13/16
...the full report here. Commercial South Bronx report: GFI Realty Services Investors and developers pumped more than $1 billion into South Bronx real estate last year...

Is NYC’s retail bubble
about to pop?
...is imminent. Michael Weiser, president of commercial brokerage GFI Realty Services, said the best indicator of whether Manhattan’s retail market is weakening is vacancy...

Bluestone, Altmark nab Bronx factory building for $44M
06/16/16
...used to store packaging machinery. Yosef Katz of GFI Realty Services, the broker on the transaction, declined to comment or confirm the deal. Bluestone and...

Mini office space grows in Brooklyn
...Fitzsimmons, an analyst at the New York brokerage GFI Realty Services. “While much of the activity has been concentrated in North Brooklyn areas, including the...

Douglas Elliman
The week in real estate market reports
03/16/16
...the full story here. Brooklyn new development pipeline: GFI Realty Services Developers pumped more than $1 billion into Brooklyn’s office market in 2015 and 42 new office...
Erik Yankelovich
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Yaakov Zamir
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Williams S. Watkins III
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Naftoli Sternbuch
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Yaniv Simantov
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Sluvie Spielman
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Daniel Shragaei
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Elchonon Shilian
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Tal E. Sharon
Haviv Realty, Real Estate Salesperson
330 West 58th Street, Suite 11P, New York, NY
...
Yehoshua Shamel
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Shahram Sadaghati
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Jermaine Pugh
Eastern Consolidated, Real Estate Salesperson
355 Lexington Avenue, New York, NY, (646) 658-7315
...
Solomon Rozental
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Yisroel Zev Pershin
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Shulem Paneth
GFI Realty Services, Associate Broker
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Joshua Orlander
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Gidon Naor
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Isaac Moskowitz
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
King Li
Century 21 Homefront, Associate Broker
3048 Nostrand Avenue, Brooklyn, NY, (718) 252-6060
...
Elias Matyas
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Shlome Kessler
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Daniel Lerer
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Yosef Katz
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
David Heller
GFI Realty Services, Real Estate Salesperson
140 Broadway, 41st Floor, New York, NY, (212) 668-1444
...
Mazyar Kashan Kashan
Halstead Property, Real Estate Salesperson
770 Lexington Avenue, New York, NY, (212) 906-9203
...
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  • Event Sales
  • Address 2285 Sedgwick Avenue
  • Neighborhood University Heights
  • Borough Bronx
  • Square feet 58,212
  • Price $ 8,450,000
notes
The multifamily property was sold for $8.45 million.
For more info, click here
  • Event Sales
  • Address 138-10 135th Avenue
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 21,666
  • Price $ 60,000,000
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 JFK Holding Company 
  • Party 2 GFI Realty Services
notes
The hotel, near the JFK Airport, was sold for $60 million and will be managed by Crescent Hotels And Resorts.
For more info, click here
  • Event Sales
  • Address 6661 Broadway
  • Neighborhood Riverdale
  • Borough Bronx
  • Square feet 4,750
  • Price $ 1,475,000
notes
The single-story retail center was sold for $1.47 million.
For more info, click here
  • Event Sales
  • Address 222 West 149th Street
  • Neighborhood Central Harlem
  • Borough Manhattan
  • Square feet 112,590
  • Price $ 37,000,000
notes
The multifamily 8-building portfolio was sold for $37 million.
For more info, click here
  • Event Sales
  • Address 63 Whipple Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 5,000
  • Price $ 3,600,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Brokerage GFI Realty
  • Party 1 Broker Yehoshua Shamel
  • Party 2 Black Horse Property Management
  • Party 2 Brokerage GFI Realty Services
  • Party 2 Broker Sylvia Spielman
notes
The multifamily building was sold for $3.6 million.
For more info, click here
  • Event Sales
  • Address 127 East 102nd Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 14,986
  • Price $ 7,750,000
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Local Investor
  • Party 1 Brokerage GFI Realty
  • Party 1 Broker Shulem Paneth
  • Party 2 Local Investor
  • Party 2 Brokerage GFI Realty Services
  • Party 2 Broker Shawn Sadaghati
notes
The mixed-use retail and multifamily property was sold for $7.75 million.
For more info, click here
  • Event Sales
  • Address 1812 East 18th Street
  • Neighborhood Sheepshead Bay
  • Borough Brooklyn
  • Square feet 29,500
  • Price $ 7,600,000
notes
The 4-story, pre-war, multifamily building sold for $7.6 million.
For more info, click here
  • Event Sales
  • Address 1424 Avenue J
  • Neighborhood Midwood
  • Borough Brooklyn
  • Price $ 3,570,000
notes
The mixed-use property sold for $3.57 million.
For more info, click here
  • Event Sales
  • Address 250 Sherman Avenue
  • Neighborhood Inwood
  • Borough Manhattan
  • Square feet 17,350
  • Price $ 4,300,000
  • Price per foot $ 248.00
notes
The pre-war multifamily residential building sold for $4.3 million.
For more info, click here
  • Event Sales
  • Address 2105 Foster Avenue
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 26,640
  • Price $ 6,550,000
  • Price per foot $ 245.87
notes
The property sold for $6.55 million.
For more info, click here
  • Event Sales
  • Address 2533 Church Avenue
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 6,100
  • Price $ 1,150,000
  • Price per foot $ 188.00
notes
The multifamily residential building sold for $1.15 million.
For more info, click here
  • Event Sales
  • Address 825 East 141st Street
  • Neighborhood Port Morris
  • Borough Bronx
  • Square feet 235,584
  • Price $ 44,000,000
  • Price per foot $ 186.00
notes
The factory building sold for $44 million.
For more info, click here
  • Event Sales
  • Address 150-01-150-11 88th
  • Neighborhood Jamaica
  • Borough Queens
  • Square feet 42,500
  • Price $ 21,500,000
  • Price per foot $ 505.00
notes
The multifamily residential portfolio sold for $21.5 million.
For more info, click here
  • Event Sales
  • Address 341 Lincoln Road
  • Neighborhood Prospect-Lefferts Gardens
  • Borough Brooklyn
  • Square feet 9,600
  • Price $ 2,925,000
  • Price per foot $ 304.69
  • Publication Date 06/01/2016
  • Event Date 05/18/2016
  • Party 1 Damian Charles
  • Party 2 Lincoln Realty Partners
  • Party 2 Brokerage GFI Realty Services
  • Party 2 Broker Erik Yankelovich
notes
The pre-war building sold for $2.925 million.
For more info, click here
  • Event Sales
  • Address 218-220 Park Place
  • Neighborhood Prospect Heights
  • Borough Brooklyn
  • Square feet 7,300
  • Price $ 6,600,000
  • Price per foot $ 904.11
notes
The pair of buildings sold for 6.6 million.
For more info, click here
  • Event Sales
  • Address 352 McGuinness Boulevard
  • Neighborhood Greenpoint
  • Borough Brooklyn
  • Square feet 4,125
  • Price $ 2,250,000
  • Price per foot $ 545.45
notes
The property sold for $2.25 million.
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  • Event Sales
  • Address 247 North 7th Street
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 62,969
  • Price $ 125,000,000
  • Price per foot $ 1,985.10
notes
The building sold for $125 million included 248 North 8th Street.
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  • Event Sales
  • Address 601 Ocean Parkway
  • Neighborhood Ditmas Park
  • Borough Brooklyn
  • Square feet 45,000
  • Price $ 19,500,000
  • Price per foot $ 433.33
notes
The multifamily residential building sold for $19.5 million.
For more info, click here
  • Event Sales
  • Address 2571 East 17th Street
  • Neighborhood Sheepshead Bay
  • Borough Brooklyn
  • Square feet 13,014
  • Price $ 3,400,000
  • Price per foot $ 261.26
notes
The building sold for $3.4 million.
For more info, click here
  • Event Financing
  • Address 61 Bond Street
  • Neighborhood Downtown Brooklyn
  • Borough Brooklyn
  • Square feet 157,000
  • Price $ 50,000,000
notes
The company secured a $50 million construction loan.
For more info, click here
  • Event Sales
  • Address 119-123 Kent Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 15,000
  • Price $ 15,900,000
  • Price per foot $ 1,060.00
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 Brokerage GFI Realty Services, M & J Realty
  • Party 1 Broker Max Koshkerman, James Tenaglia
  • Party 2 CW Realty, Joyland Group
  • Party 2 Brokerage GFI Realty Services
  • Party 2 Broker Max Koshkerman, Joseph Landau
notes
The three buildings sold for $15.9 million.
For more info, click here
  • Event Sales
  • Address 41-29 41st Street
  • Neighborhood Sunnyside
  • Borough Queens
  • Square feet 40,800
  • Price $ 15,000,000
  • Price per foot $ 367.65
notes
The multifamily residential building sold for $15 million.
For more info, click here
  • Event Sales
  • Address 20-30 Elk Drive
  • Neighborhood Far Rockaway
  • Borough Queens
  • Square feet 73,806
  • Price $ 14,500,000
  • Price per foot $ 196.46
notes
The multifamily residential buidling sold for $14.5 million.
For more info, click here
  • Event Sales
  • Address 1221-1225 Sheridan Avenue
  • Neighborhood Concourse Village
  • Borough Bronx
  • Square feet 80,100
  • Price $ 11,400,000
  • Price per foot $ 142.32
notes
The multifamily residential buidling sold for $11.4 million.
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  • Event Sales
  • Address 531 East 22nd Street
  • Neighborhood Flatbush
  • Borough Brooklyn
  • Square feet 35,922
  • Price $ 7,000,000
  • Price per foot $ 194.87
notes
The multifamily building sold for $7 million.
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The East Harlem crossover
...percent to $815,000 in the past year, according to GFI Realty Services, while its median rent, at $2,400, has edged above Central and West Harlem. “It’s...

Commercial brokerage firms: Who sold the most?
...for third place with Cushman & Wakefield and GFI Realty Services. Paul Massey, the CEO and founding partner of Massey Knakal, noted that The Real...

East Harlem report | GFI Realty Services
The dollar volume for single-family sales in East Harlem doubled in 2016 to $112 million from $56 million in 2015. Median home price and rental...

Brooklyn new development pipeline: GFI Realty Services
Developers pumped more than $1 billion into Brooklyn’s office market in 2015 and 42 new office developments are coming in the next two years. View...

Brooklyn seven-year CAP and GRM report: GFI Realty Services, Inc.
...online here. Brooklyn seven-year CAP and GRM report: GFI Realty Services, Inc...
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