GFI Realty Services Arranges $10M Sale of Development Site in East Harlem

by Amy Works

NEW YORK CITY — GFI Realty Services has arranged the sale of a development site located at 11 E. 115th St. in East Harlem. The 46,867-square-foot property sold for $10 million in an off-market transaction. Yosef Katz of GFI represented the buyer, Albert Rabizadeh, and the seller, Rubin Schron’s Cammeby’s International, in the transaction. The buyer is currently developing plans for a rental community to be constructed on the site.

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