News: Brokerage

Bestreich, Reynolds, Reynolds, and Davila of Bestreich Realty Group facilitate $1.35 million sale

Derek Bestreich,
Bestreich Realty Group

 

Steve Reynolds,
Bestreich Realty Group

 

Tom Reynolds,
Bestreich Realty Group

 

Brian Davila,
Bestreich Realty Group

 

Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 218 Hull St. in the Ocean Hill neighborhood. This multifamily property sold for $1.35 million which equates to $178 per s/f. This building features 8 two-bedroom railroad apartments. The building is built 25 ft. x 76 ft., offering 7,600 s/f. It sits on a 25 ft. x 100 ft. lot and is zoned R6. It was delivered with one vacant apartment. Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila facilitated both sides of the transactions for the seller, Velma Boyce, and the buyer, Alex Hakan.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

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

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

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