Orient Ave LLC Acquires 31 Orient Ave Brooklyn For $1.85M With Buyer's Rep Corey Haynes

The property located at 31 Orient Ave, Brooklyn, NY 11211 is a 3-family re-development site sold for $1,850,000. This asset has a total square footage of 4,400 and features a dimension of 25 ft. by 52 ft., while the lot dimension measures 25 ft. by 100 ft. The zoning classification is R6B with a Floor Area Ratio (FAR) of 2. The market for this sale is Brooklyn.

Summary of transaction details:

• Property Type: Re-development Site
• Transaction Amount: $1,850,000.00
• Buyer: Orient Ave LLC
• Seller: 31 Orient LLC
• Buyer’s Rep: Corey Haynes - Investment Property Realty Group (IPRG)
• Seller's Rep: Derek Bestreich - Bestreich Realty Group (BRG)
• Seller's Rep: Luke Sproviero - Bestreich Realty Group (BRG)
• Seller's Rep: Donal Flaherty - Bestreich Realty Group (BRG)
• Seller's Rep: Hakeem Lecky - Bestreich Realty Group (BRG)

Facilitating both sides of the transaction, Corey Haynes represented the buyers, while Derek Bestreich, Luke Sproviero, Donal Flaherty, and Hakeem Lecky represented the sellers, showcasing a collaborative effort among real estate professionals to complete this deal.