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Acquisitions

GFI retained to sell retail condo package

GFI Realty Services has been retained to sell a 33,047 SF retail condo package at 1325 & 1330 5th Avenue, one block north of Central Park. The offering is comprised of thirteen occupied units, including Maxwell’s Central Park restaurant and Birch Coffee.

  • Location: The retail condo features 200 feet of retail frontage along Fifth Avenue. It sits at the base of two newly renovated luxury condo buildings.
  • Learn more: GFI Realty managing partner Matthew Sparks will oversee the sale of the asset, with pricing targeted at $19.5 million.
  • Heard on the StreetGFI’s Matthew Sparks: “Harlem is a creative, dynamic and culturally rich neighborhood and this acquisition provides an investor with the rare opportunity to acquire 30,000 square-feet of retail space in this exciting market… Over time an investor will be able to create a lifestyle retail destination.” 
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