GFI Realty Services, LLC today announced that it has been named the exclusive sales agent for 16-29 Summerfield Street, a three-story walk-up apartment building located in the Ridgewood section of Queens, New York. GFI Realty Senior Director Shlomo Antebi and Associate Director Daniel Shragaei will oversee the marketing of the property, with pricing targeted at $1.875 million. This property is comprised of six units, the majority of which have been gut renovated. The property benefits from its close proximity to the major Myrtle Avenue and Wyckoff Avenue commercial corridors.

The property is located on a quiet block surrounded by similar low-rise walk up apartment buildings.

“Ridgewood is a submarket that is benefitting from residents looking for an affordable, quiet neighborhood with easy access to Manhattan,” Antebi said. “The area has seen an influx of numerous amenities including cafes, chic boutiques and galleries. The seller recognized that given all of this change, this is the right time to market this asset.”

Ridgewood is very appealing to prospective residents due to its low-rise buildings, neighborhood feel and easy access to Manhattan via the L and M trains.

About GFI Realty Services, LLC

GFI Realty Services, LLC 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, LLC utilizes its affiliate companies’ 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.