News: Brokerage

Bestreich Realty Group closes three sales transactions - $6.61 million

Brooklyn, NY Bestreich Realty Group (BRG) completed the following transactions:

169 Greenpoint Avenue - Brooklyn, NY

169 Greenpoint Ave. in Greenpoint, Brooklyn for $3.4 million. This development site is located between Nostrand & New York Aves. The lot is built 50 ft. x 100 ft. This site has 32,140 buildable s/f priced at $106 per s/f. Derek Bestreich, Steve Reynolds, and Tom Reynolds facilitated the sell and buy side of this transaction.

98 Kingston Avenue - Brooklyn, NY

98 Kingston Ave. in Crown Heights for $1.2 million. This property is located between Dean & Bergen Sts. The lot is built 18.5 ft. x 60 ft. and the building is built 18.5 ft. x 45 ft. These mixed-use buildings consist of four apartments and one store and total 2,688 s/f priced at $446 per s/f and $240,000 price/unit. Bestriech, Luke Sproviero, Adam Lobel, Toby Waring, Gabriel Kates, and Daniel Shawah facilitated the buy and sell side of this transaction.

287 Court Street - Brooklyn, NY

287 Court St. in Crown Heights for $2.01 million. This property is located between Douglass & Degraw Sts. The lot is built 20 ft. x 78 ft. and the building is built 20 ft. x 40 ft. This mixed-use building consists of one apartment and one store and totaling 2,400 s/f priced at $838 per s/f and $1.005 million per unit. This building was sold by The Smith Family. Bestriech, Sproviero, Lobel, Waring, Kates, and Shawah facilitated the buy and sell side of this transaction.

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