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Bestreich Realty Group Sells Bushwick Multifamily Property For $5M With Buyer's Rep Ari Harkov - Brown Harris Stevens

Property Image
SOLD
$5,000,000
Tom Reynolds
Steve Reynolds
+ 4

New York

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MultiFamily5,975 SF
Sold 03/31/2022
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Property Image
SOLD

Bestreich Realty Group Sells Bushwick Multifamily Property For $5M With Buyer's Rep Ari Harkov - Brown Harris Stevens

306 Stockholm Street, Brooklyn, New York 11237, United States

See Similar Deals
MultiFamily5,975 SF
Sold 03/31/2022
Tom Reynolds
Steve Reynolds
+ 4
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$836
Total Square Footage:5,975 SF
Transaction Type:Sale

Located at 306 Stockholm St. in Bushwick, this multifamily property was recently sold for $5,000,000. With a total of 8 units, the price per unit comes to $625,000. The property spans across 5,970 square feet, resulting in a price per square foot of $837.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $5,000,000
  • Units: 8
  • Price per Unit: $625,000
  • Square Footage: 5,970
  • Price per Square Foot: $837

Ari Harkov of The Harkov Lewis Team at Brown Harris Stevens represented the buyer in this transaction. On the seller's side, Derek Bestreich, Luke Sproviero, Steve Reynolds, Tom Reynolds, Brian Davila, and Sean Mashihi, all from Bestreich Realty Group (BRG), were the representatives.

This sale is noted as an Affordable New York 421-a sale, as mentioned by @BRG_CRE.

Players

Brian Davila
108 deals$283.4M volume(718) 360-8849
BROKER

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

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

Tom Reynolds
Investment Property Realty Group (IPRG)
98 deals$292.3M volume(718) 360-8817
BROKER

Steve Reynolds
Investment Property Realty Group (IPRG)
133 deals$364.4M volume(718) 360-8807
BROKER

Ari Harkov
Brown Harris Stevens
86 deals$429.1M volume(212) 381-4246
BROKER

Sean Mashihi
Block Real Estate Group
46 deals$123.2M volume(917) 999-6616
BROKER

Details

SOLD
IMAGE: Ari Harkov, Derek Bestreich, Luke Sproviero & Steve Reynolds DATE: 03/31/2022 ADDRESS: 306 Stockholm St. MARKET: Bushwick ASSET TYPE: Multifamily BUYER'S REP: Ari Harkov (@AriHarkov) (The Harkov Lewis Team) (@HarkovLewisTeam) - Brown Harris Stevens SELLER'S REP: Derek Bestreich, Luke Sproviero (@DaLucien), Steve Reynolds (@SJRey09), Tom Reynolds, Brian Davila & Sean Mashihi - Bestreich Realty Group (BRG) (@BRG_CRE) SALE PRICE: $5,000,000 UNITS: 8 ~ PPU: $625,000 SF: 5,970 ~ PPSF: $837 NOTE FROM @BRG_CRE: Affordable New York 421-a Sale

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