Bestreich Realty Group arranges three sales totaling $8.1 million; Includes the $4.7 million sale of a 15,100 s/f development site

March 19, 2019 - New York City
1283 Nostrand Avenue - Brooklyn, NY


173-175 McGuinness Blvd. - Brooklyn, NY


Brooklyn, NY Bestreich Realty Group (BRG) has brokered three sales totaling $8.1 million. The deals include the following:

Derek Bestreich, BRG

• The $1.6 million sale of 1283 Nostrand Ave. in the Prospect Lefferts Gardens section. This multifamily is 4,500 s/f and is $355 per s/f. Derek Bestreich and Brian Underkofler represented both sides of the transaction. The buyer was 1283 Nostrand LLC and the seller was OA LLC.

• The $4.7 million sale of 173-175 McGuinness Blvd., a 15,100 buildable s/f development site in Greenpoint. Bestreich, Donal Flaherty, Luke Sproviero and Hakeem Lecky facilitated both sides of the transaction with MPJP LLC being the seller and the buyers were TLV Development.

• The $1.8 million sale of 183 Ainslie St. in the Williamsburg section. This development site is 25 ft. x 111.42 ft., zoned R6B and is $323 per buildable s/f. Bestreich, Sproviero, Flaherty, Justin Zeitchik, and Lecky represented both sides of the transaction. The buyer was 183 Ainslie Street LLC and the buyers were DW-MG LLC.



Add Comment

More from the New York Real Estate Journal