Stephen Ng Acquires Multifamily Property In Bushwick For $1.35M With Bestreich Realty Group | 475 Suydam Street | Tom Reynolds, Steve Reynolds, Brian Davila, Derek Bestreich | MultiFamily | Sale

Summary

Sale

NEW YORK

MultiFamily

3,120 sqft

A multifamily property located at 475 Suydam Street in Bushwick was recently sold for $1,350,000. The property spans 3,120 square feet and has a price per square foot of $432. It consists of four units, with each unit valued at approximately $337,000. The transaction took place on December 3, 2020.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $1,350,000
Address: 475 Suydam Street
Market: Bushwick
Zoning: R4

The buyer of the property was Stephen Ng, while Brendan Klinger served as the seller. The deal was facilitated by Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila from Bestreich Realty Group.

Players

All
5

Agents
4
Agencies
1

Tom Reynolds

Investment Property Realty Group (IPRG)-image

Vice President

$213.5M Sold

Steve Reynolds

Partner, Managing Director

$278.5M Sold

$192.2M Sold

$708.6M Sold

Investment Property Realty Group (IPRG)

Details

Deal Summary

SOLD

IMAGE: Brian Davila, Derek Bestreich, Steve Reynolds & Tom Reynolds DATE: 12/03/2020 ADDRESS: 475 Suydam Street MARKET: Bushwick ASSET TYPE: Multifamily ~ ZONING: R4 BUYER: Stephen Ng SELLER: Brendan Klinger BROKERS: Bestreich Realty Group (@BRG_CRE) - Derek Bestreich, Steve Reynolds, Tom Reynolds & Brian Davila PRICE: $1,350,000 SF: 3,120 ~ PPSF: $432 UNITS: 4 ~ PPU: $337K VOICEOVER: Brian Davila

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Address475 Suydam Street

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