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
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking