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Bestreich Realty Group Facilitates $3.6M Sale Of Mixed-Use Property In Park Slope

Property Image
SOLD
$3,575,000
Luke Sproviero
Gabriel Kates
+ 4

New York

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Mixed-use5,169 SF
Sold 04/26/2022
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Property Image
SOLD

Bestreich Realty Group Facilitates $3.6M Sale Of Mixed-Use Property In Park Slope

370 5th Avenue, New York City, New York 10118, United States

See Similar Deals
Mixed-use5,169 SF
Sold 04/26/2022
Luke Sproviero
Gabriel Kates
+ 4
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$691
Total Square Footage:5,169 SF
Transaction Type:Sale

A mixed-use property located at 370 5th Ave. in Park Slope has been sold for a price of $3,575,000. The property spans an area of 5,169 square feet, resulting in a price per square foot of $691. The sale was facilitated by brokers Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Daniel Shawah, and Gabriel Kates from Bestreich Realty Group (BRG). The seller of the property was Stephen O'Rourke.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $3,575,000
  • Address: 370 5th Ave.
  • Market: Park Slope

All residential units within the property were delivered vacant, as mentioned by @BRG_CRE.

Additional representatives involved in the deal were Daniel Shawah and Gabriel Kates from Bestreich Realty Group (BRG). They played a key role in facilitating the transaction, alongside the aforementioned brokers. It is notable that all residential units within the property were vacant at the time of the sale.

Players

Adam Lobel
137 deals$583.5M volume(314) 920-8639
BROKER

Derek Bestreich
Investment Property Realty Group (IPRG)
312 deals$1.1B volume(718) 360-8802
BROKER

Daniel Shawah
Baldwin Pearson & Co
33 deals$103.9M volume(203) 531-6348
BROKER

Luke Sproviero
Investment Property Realty Group (IPRG)
222 deals$848.7M volume
BROKER

Toby Waring
Investment Property Realty Group (IPRG)
89 deals$348.6M volume
BROKER

Gabriel Kates
Block Real Estate Group
59 deals$158.4M volume(508) 365-8278
BROKER

Details

SOLD
IMAGE: Derek Bestreich, Luke Sproviero, Adam Lobel & Toby Waring DATE: 04/26/2022 ADDRESS: 370 5th Ave. MARKET: Park Slope ASSET TYPE: Mixed-use SELLER: Stephen O’Rourke BROKERS: Derek Bestreich, Luke Sproviero (@DaLucien), Adam Lobel (@AdamLobelRealEstate), Toby Waring (@BklynBricks), Daniel Shawah & Gabriel Kates (@GabeKates) - Bestreich Realty Group (BRG) (@BRG_CRE) SALE PRICE: $3,575,000 SF: 5,169 ~ PPSF: $691 NOTE FROM @BRG_CRE: All Residential Units Were Delivered Vacant.

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