News: Brokerage

Bestreich Realty Group brokers three sales in Brooklyn totaling $3.985 million

Derek Bestreich,
Bestreich Realty Group

 

Steve Reynolds,
Bestreich Realty Group

 

Tom Reynolds,
Bestreich Realty Group

 

Brian Davila,
Bestreich Realty Group

 

Hakeem Lecky,
Bestreich Realty Group

 

Luke Sproviero,
Bestreich Realty Group

 

Donal Flaherty,
Bestreich Realty Group

 

Toby Waring,
Bestreich Realty Group

 

Brooklyn, NY Bestreich Realty Group (BRG) has brokered three sales totaling $3.985 million:

59-16 67th Avenue - Brooklyn, NY

BRG closed the sale of 59-16 67th Ave., a 3,850 s/f, four-unit multifamily building in the Ridgewood neighborhood for $1.175 million. Brian Davila, Steve Reynolds, Tom Reynolds, and Derek Bestreich represented the buyer, 170 Soundview LLC.

632 Humboldt Street - Brooklyn, NY

BRG arranged the sale of 632 Humboldt St., a 4,750 s/f development site in the Greenpoint neighborhood. The final closing price was $1.36 million. Hakeem Lecky, Luke Sproviero, Donal Flaherty, and Bestreich led marketing efforts for sellers, The estate of Clara Babecki.

2065 Fulton Street - Brooklyn, NY

BRG handled the sale of 2065 Fulton St. in the Ocean Hill neighborhood for $1.45 million. The property features three floor-through three-bedroom units and one commercial unit on the ground floor. Toby Waring, Reynolds, Davila, and Bestreich of BRG represented the buyers, Emmanuel Hourizadeh and Raymond Nouvahian.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,