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Bestreich Realty Group Acquires Multifamily Property In Greenpoint, Brooklyn For $7.7M

88 Guernsey Street
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This MultiFamily property located in NY was sold for $7,745,000 over 2 years ago. The brokers of the deal were Ari Harkov, Luke Sproviero, Donal Flaherty, Justin Zeitchik, Hakeem Lecky, Derek Bestreich, and Corey Haynes

Located at 88 Guernsey Street in Greenpoint, Brooklyn, this recently sold multifamily property boasts a total of 8 units. The property spans across 6,000 square feet, with each unit averaging approximately 750 square feet. The sale price for this transaction was $7,745,000, resulting in a per unit price of $968,125. The price per square foot was calculated at $1,290.

Summary of transaction details:

The deal was facilitated by a team of experienced brokers, including Derek Bestreich, Luke Sproviero, Donal Flaherty, Justin Zeitchik, Hakeem Lecky, Corey Haynes, and Ari Harkov. Bestreich Realty Group (BRG) and Ari Harkov from Harkov Lewis Team at Brown Harris Stevens played key roles in representing the involved parties in this transaction.

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Deals
  • Location
    88 Guernsey Street, Greenpoint, Brooklyn, NY, USA88 Guernsey Street, Greenpoint, Brooklyn, NY, USA
  • Sale Price
    $7,745,000$7,745,000
    $1,290 PPSF$1,290 PPSF
  • Area
    6,000 SF6,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    7 Brokers, 2 Agencies7 Brokers, 2 Agencies

Agents

Luke Sproviero

Luke Sproviero

Deals163
Financed$537M

Agencies

Brown Harris Stevens

Brown Harris Stevens

Agency
Deals273
Volume$2.7B

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

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Deal Summary

SALE IMAGE: Derek Bestreich, Donal Flaherty, Luke Sproviero, Justin Zeitchik & Ari Harkov DATE: 09/13/2021 ADDRESS: 88 Guernsey Street MARKET: Greenpoint, Brooklyn ASSET TYPE: Multifamily BROKERS: Derek Bestreich, Luke Sproviero (@DaLucien), Donal Flaherty (@Tefbreh), Justin Zeitchik (@Jigga1216), Hakeem Lecky (@HakeemLecky8), & Corey Haynes (@Corey_Haynes) - Bestreich Realty Group (BRG) (@BRG_CRE); Ari Harkov @HarkovLewisTeam @BrownHarrisStevens SALE PRICE: $7,745,000 UNITS: 8 ~ PPU: $968,125 SF: 6,000 ~ PPSF: $1,290

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88 Guernsey Street

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