GFI NEGOTIATES $3.8 MILLION APARTMENT SALE

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NEW YORK CITY — GFI Realty Services has negotiated the sale of 1667 and 1690 Clay Ave., two five-story apartment buildings located in the Bronx, New York City, for $3.8 million. The two walk-up buildings contain 43 apartment units and two retail stores. The transaction was negotiated by Colin Rower of GFI Realty Services. The buyer was Chad Kurland of Titan Capital, and the seller was the Gershnov family, which sold the property as part of a reverse 1031 exchange.

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