News: Brokerage

Bestreich Realty Group closes eight sales in Brooklyn–$20.3 million total

Derek Bestreich,
Bestreich Realty Group

 

Luke Sproviero,
Bestreich Realty Group

 

Steve Reynolds,
Bestreich Realty Group

 

Tom Reynolds,
Bestreich Realty Group

 

Erik Rodriguez,
Bestreich Realty Group

 

Brian Underkofler,
Bestreich Realty Group

 

Donal Flaherty,
Bestreich Realty Group

 

Adam Lobel,
Bestreich Realty Group

 

Brooklyn, NY Bestreich Realty Group has closed eight recent closings totaling $20.3 million. They include:

1191 Bedford Avenue - Brooklyn, NY

• The $5.25 million sale of 1191 Bedford Ave. in Bed-Stuyvesant: This is a 7,200 s/f five story walk-up apartment building with six apartments and one store. Bestreich’s Derek Bestreich, Luke Sproviero, Steve Reynolds and Tom Reynolds represented the seller and procured the buyer.

447 Rogers Avenue - Brooklyn, NY

• The $3.4 million sale of 447 Rogers Ave. in Prospect Lefferts Garden: This is  6,840 s/f three story walk-up apartment building with six apartments and two stores. Bestreich’s Erik Rodriguez, Brian Underkofler and Bestreich represented the seller and procured the buyer

38 Driggs Avenue - Brooklyn, NY

• The $2.975 million sale of 38 Driggs Ave. in Greenpoint: This is a 5,326 s/f three-story mixed-use property including five residential units and one store. Bestreich’s Donal Flaherty, Adam Lobel, Sproviero and Bestreich represented the seller and procured the buyer. 

128-130 Courtelyou Road - Brooklyn, NY

• The $2.95 million sale of 128-130 Courtelyou Rd. in the Kensington neighborhood: This is a 6,335 s/f two- story walk-up, mixed-use property featuring four residential units and two stores. Bestreich, Rodriguez, Sproviero and Underkofler represented the seller and procured the buyer.

442-444 Pulaski Street - Brooklyn, NY

 

1275 Nostrand Avenue - Brooklyn, NY

 

2104 Fulton Street - Brooklyn, NY

 

• The $2 million sale of 442-444 Pulaski St. in Bed-Stuyvesant: The property is a 50 ft. x 100 ft. development site zoned R6. Tom Reynolds, Steve Reynolds and Sproviero represented the seller and procured the buyer.

• The $1.8 million sale of 1275 Nostrand Ave. in Prospect Lefferts Gardens: This is a 4,500 s/f three–story walk-up apartment building with six residential units. Rodriguez, Bestreich and Underkofler represented the seller and procured the buyer.

• The $1.2 million sale of 2104 Fulton St. in Bed-Stuyvesant: This 4,460 s/f three story walk-up apartment building contains four residential apartments and one commercial store. Steve Reynolds, Bestreich and Tom Reynolds represented the seller and procured the buyer. 

• The $725,000 sale of 840 Hancock St. in Stuyvesant Heights: This is a 2,250 s/f, three-story walk-up apartment building built in 1901 with three apartments. Sproviero, Steve Reynolds and Bestreich represented the buyer and seller.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
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
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