255-265-linden-st-nyc

Bestreich Realty Group Facilitates $9.2M Sale of 38-Unit Multifamily Portfolio in Brooklyn

by Amy Works

NEW YORK CITY — Bestreich Realty Group has brokered the sale of a 38-unit five-building assemblage of multifamily properties located at 255-265 Linden St. in Brooklyn’s Bushwick neighborhood. Linden Street Group acquired the properties from Excelsior Equities for $9.5 million. The assemblage comprises four contiguous eight-unit properties and one six-unit property. The buyer plans to hold the property and maximize value. Derek Bestreich, Luke Sproviero, Steve Reynolds of Bestreich represented the buyer and seller in the deal.

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