GFI Realty Services, LLC today announced the $1.15-million sale of a four-story, walk-up apartment building in the Flatbush section of Brooklyn. The 1931 constructed building, which totals 6,100 square feet, is located at 2533 Church Avenue, and is comprised of eight apartments.

Isaac Moskowitz, associate of GFI Realty Services, and Yosef Katz, managing director of GFI, represented both the buyer and seller — private local investors — in the transaction.

“Although not as widely discussed, Flatbush is experiencing the same resurgence as the rest of Brooklyn, with an influx of new residents and developments to the area,” said Moskowitz. “Flatbush is a sub-market primed for great growth due to the diversity of its architecture — a mix of pre-war and single-family homes — as well as its ease of accessibility to Manhattan.”

Added Katz: “The buyers recognize the potential growth for this area, and intend to hold onto this asset for the long term and invest in significant capital improvements. Located in close proximity to Prospect Park, 2533 Church Avenue is just blocks from the 2 and 5 subway lines, and just blocks away from Flatbush Avenue, a major commercial corridor in the area.”

About GFI Realty Services, Inc.

GFI Realty Services imparts strategic and comprehensive solutions to maximize the value of real estate assets. Offering a wide array of brokerage services including investment sales, commercial real estate financing and retail leasing, GFI Realty Services utilizes its fully-integrated platform to provide owners, buyers, landlords and tenants nationwide with the market knowledge and due diligence required to consummate multifaceted transactions.

The company’s extensive knowledge of the commercial real estate industry, advanced analytical capabilities and incomparable client services position its executives as masters at executing off market and complex deals that require the most innovative solutions. For more information, visit GFIRealty.com.