Greysteel, a national commercial real estate investment services firm, has been named exclusive advisor and agent by a private local investor for the sale of 354 21^st Street and 318 23^rd Street, two six-unit multifamily properties located in Brooklyn, NY.

Greysteel Senior Investment Associates, Michael Stimler and Ari Azarbarzin are marketing the property.

Both 354 21^st Street and 318 23^rd Street were built in 1931, each consisting of six units, half of which are Free Market. The properties are located in the ever desirable Greenwood Heights area and tenants enjoy close proximity to public transportation and are only seven blocks from Prospect Park.

“Half the units in each building are Free Market, affording potential investors immediate increases in rental income following lease turnover,” said Mr. Stimler. “Additionally, the unit configurations in both buildings allow the purchaser to maximize the space by adding bedrooms.”

354 21st Street

318 23rd Street

About Greysteel:

Greysteel is a commercial real estate and capital markets services firm with ten offices located in Phoenix, AZ; Los Angeles, CA; Denver; CO; Washington, D.C.; Baltimore, MD; New York, NY; Philadelphia, PA; Dallas, TX; Fort Worth, TX; and Norfolk, VA. Greysteel serves and advises private and institutional real estate investors and developers in the marketing, sale, and financing of private capital and middle-market real estate assets. www.greysteel.com