Bestreich Realty Group closes $1.85m sale in Williamsburg

Brooklyn, NY Bestreich Realty Group (BRG) has closed on the sale of 31 Orient Ave. in Williamsburg, for $1.85 million.

This three-family redevelopment site is located between Bushwick Ave. and Olive St. The property’s dimension is 25 ft x 52 ft and the lot dimension is 25 ft x 100 ft with a total of 4,400 s/f. It’s zoning is R6B and the FAR is 2.

The seller is 31 Orient LLC and the buyers are Orient Ave LLC. Derek Bestreich, Luke Sproviero, Donal Flaherty, Hakeem Lecky, and Corey Haynes facilitated both sides.

Tags: Brokerage

Reprint

Previous Story Next Story

GFP Real Estate signs 11,078 s/f of leasing activity at 630 Ninth Ave.

Manhattan, NY GFP Real Estate closed three office leasing transactions totaling 11,078 s/f at 630 Ninth Ave. in Midtown, including a new lease with Irish Arts Center and extensions by existing

Raffa of Island Associates Real Estate leases 1,700 s/f to Tzanis Mental Health Group at 417 East Main St.

Island Assocs. leases 1,700 s/f to Tzanis Mental Health Grp.

Investment Property Realty Group represents The Vaja Group in $26.4 million acquisition of fully entitled Astoria development site

IPRG reps. The Vaja Group in $26.4m acquisition of fully entitled Astoria development site

Lee & Associates NYC arranges 14,000 s/f Midtown office lease for Julie Vos

Lee & Associates NYC arranges 14,000 s/f office lease for Julie Vos

Aaron of Horvath & Tremblay sells 10-unit mixed-use building at 168 Suffolk St.

Aaron of Horvath & Tremblay sells 168 Suffolk St.

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Brokerage

CBRE sells Lexington Riverview for $14.9 million

Columns and Thought Leadership

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.

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of