The six-story buildings, totaling 153,786 sf, were purchasedwith an additional 79,048 sf of air rights. The buildings arelocated off Broadway, one block from the No. 1 subway.
[IMGCAP(2)]Roni Abudi, managing director at GFI Realty Services,and Dan Suissa, senior broker at GFI, represented Rubin Pikus ofMillbrook Properties. Suissa tells GlobeSt.com that GFI was"discussing the building status and potential with the buyer and herecognized the potential of the deal. After analyzing the deal, wegave him a good offer he just couldn't refuse."
[IMGCAP(3)]Abudi notes that the buildings are pre-war buildings."There are 183 residential units in total and Millbrook justinvested over $1 million in major capital improvements." Abudicontinues that GFI completed the transaction in just a matter ofmonths.
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