Bestreich facilitates five sales totaling $11.8 million

 

 

 

 

 

 

 

 

 

 

Brooklyn, NY Bestreich Realty Group has handled closings of five buildings for $11.8 million. The sales include:

• The $3.2 million sale of 401 5th Ave., a 4,960 s/f corner mixed-use property in Park Slope. It sold at a 4.05% cap and its sale represented $645 per s/f. Adam Lobel, Derek Bestreich, Luke Sproviero, and Toby Waring represented the buyer and seller. 

• The $2.9 million sale of 77 Weirfield St., a turn-key 6-unit multifamily in Bushwick. Bestreich, Steve Reynolds, Tom Reynolds and Brian Davila represented the buyer and seller. 

• The $2 million sale of 41 Skillman Ave. in Williamsburg. The development site measures 25 ft. x 100 ft. and is zoned M1-2/R6, MX-8. With a max FAR of 2.7, the lot offers 6,750 buildable s/f. Bestreich, Sproviero,  Hakeem Lecky, Justin Zeitchik and Donal Flaherty represented the buyer and seller. 

• The $1.9 million sale of 81 India St. in Greenpoint. The development site measures 25 ft. x 100 ft. and is zoned R6B. With a max FAR of 2, the lot offers 5,000 buildable s/f. Bestreich, Lobel, Sproviero, Zeitchik, Lecky, and Flaherty represented the buyer and seller. 

• The $1.8 million sale of 81 Powers St. in Williamsburg. The development site measures 25 ft. x 100 ft. and is zoned R6B. With a max FAR of 2, the lot offers 5,000 buildable s/f. Bestreich, Lobel, Sproviero, Zeitchik, Lecky, and Flaherty represented the buyer and seller.