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Bestreich Realty Group Facilitates $4.65M Sale Of Bushwick Multifamily Property

74 Bleecker Street
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This MultiFamily property located in NY was sold for $4,650,000 about 2 years ago. The brokers of the deal were Sean Mashihi, Steve Reynolds, Tom Reynolds, Luke Sproviero, Derek Bestreich, and Brian Davila

A multifamily property located at 74 Bleecker St. in Bushwick, Brooklyn was recently sold for $4,650,000. The property consists of 8 units, with a price per unit of $581,250. It spans across 5,936 square feet, resulting in a price per square foot of $783.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,650,000
  • Address: 74 Bleecker St.
  • Market: Bushwick, Brooklyn

The sale of this re-developed multifamily property was facilitated by Derek Bestreich, Luke Sproviero, Steve Reynolds, Tom Reynolds, Brian Davila, and Sean Mashihi of Bestreich Realty Group (BRG).

NOTE FROM @BRG_CRE: Alt-1 Re-Developed Property

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Deals
  • Location
    74 Bleecker Street, Brooklyn, New York 11221, United States74 Bleecker Street, Brooklyn, New York 11221, United States
  • Sale Price
    $4,650,000$4,650,000
    $783 PPSF$783 PPSF
  • Area
    5,936 SF5,936 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    6 Brokers, 2 Agencies6 Brokers, 2 Agencies

Agents

Sean Mashihi

Sean Mashihi

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Sold$62.2M

Agencies

Block Real Estate Group

Block Real Estate Group

Agency
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Volume$154.6M

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, Luke Sproviero & Steve Reynolds DATE: 03/28/2022 ADDRESS: 74 Bleecker St. MARKET: Bushwick, Brooklyn ASSET TYPE: Multifamily BROKERS: Derek Bestreich, Luke Sproviero (@DaLucien), Steve Reynolds (@SJRey09), Tom Reynolds, Brian Davila & Sean Mashihi - (BRG) Bestreich Realty Group (@BRG_CRE) SALE PRICE: $4,650,000 UNITS: 8 ~ PPU: $581,250 SF: 5,936 ~ PPSF: $783 NOTE FROM @BRG_CRE: Alt-1 Re-Developed Property

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74 Bleecker Street

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