Bestreich Realty Group brokers three sales totaling $5.8 million

Brian Underkofler,
Bestreich Realty Group

Brooklyn, NY According to Bestreich Realty Group the firm has completed three sales:

• The $2.85 million sale of 243 5th Ave., a mixed use property located in the Park Slope neighborhood. The property offers two units over one commercial space on the first floor. Derek Bestreich, Toby Waring, Luke Sproviero and Adam Lobel represented the buyer and seller.

• The $2.25 million sale of 602 Vanderbilt Ave. The Prospect Heights mixed-use property, located near Barclays Center and Prospect Park, features two apartments and one store and offers additional air rights. Sproviero, Bestreich and Lobel represented the buyer and seller.

• The $750,000 sale of 3095 Fulton St. The East New York mixed-use property features one apartment over one retail. It is located near the J and Z subway lines and features additional air rights. Bestreich, Brian Underkofler, and Steve Reynolds represented the buyer and seller.

Tags: Brokerage

Reprint

Previous Story Next Story

AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

Area 15 welcomes new tenant openings, signs more experiences coming

SABRE coordinates sale of six properties totaling 199,845 s/f

Polsinelli and Curcio of Compass arrange 22,000 s/f Urban Umbrella lease

Project REAP honored by ICSC for leadership and impact in Commercial Real Estate

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Long Island

CIBS honors outstanding achievements in commercial, industrial and retail real estate community

Columns and Thought Leadership

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

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.

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

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,