GFI Realty Services retained to sell 1704-1712 Ocean Avenue

GFI Realty Services has been retained to sell a seven-story multifamily building at 1704-1712 Ocean Avenue in Midwood. The newly constructed property spans 59,840 square-feet, and is comprised of 64 units, plus a 21-car parking garage. 

• Dig Deeper: The apartments are configured as one studio, 40 (one)-bedroom units and 23 (2)-bedroom units. The units are completed with high-end modern finishes and stainless-steel appliances.

• Worth Noting: GFI Realty Managing Director Matthew Sparks Matthew Sparks will oversee the marketing of the property, with pricing targeted at $42 million.

• Heard on the Street: Matthew Sparks: “This asset is a great turnkey investment with easy management… The property is situated in a strong location surrounded by landmark homes and major commercial corridors.”