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Stephen Ng Acquires Multifamily Property In Bushwick For $1.35M With Bestreich Realty Group

475 Suydam Street
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This MultiFamily property located in NY was sold for $1,350,000 over 3 years ago. The brokers of the deal were Steve Reynolds, Tom Reynolds, Derek Bestreich, and Brian Davila

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.

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Deals
  • Location
    475 Suydam Street, Bushwick, Brooklyn, NY, USA475 Suydam Street, Bushwick, Brooklyn, NY, USA
  • Sale Price
    $1,350,000$1,350,000
    $432 PPSF$432 PPSF
  • Area
    3,120 SF3,120 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Tom Reynolds

Tom Reynolds

Deals74
Sold$213.5M

Agency

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

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Deal Summary

SALE 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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