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GFI Realty Services, LLC.

GFI Realty Services, LLC announced the $4.3-million sale of 250 Sherman Avenue, a five-story, pre-war, walkup apartment building in the Inwood section of Manhattan. Located between Isham Street and West 207th Street, the property is comprised of 20 units and totals 17,350 square feet.

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Daniel Shragaei, an associate director of GFI Realty, represented the seller, a local investor. Sasha Berg, also of GFI, represented the buyer, Lewis Barbanel of Barberry Rose Management.

The asset is located just two blocks off of Broadway lined with numerous local and national retailers. In recent years, Inwood has experienced an overwhelming amount of new retail growth including restaurants and boutiques. The property is also conveniently located just two blocks away from the A train.

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Title Annotation:SALES
Publication:Real Estate Weekly
Date:Sep 14, 2016
Words:124
Previous Article:Cushman & Wakefield.
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