Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

 

 

 

Bronx, NY According to Investment Property Realty Group (IPRG), Team Friedman completed seven transactions across thethe city totaling $12.07 million.

1384-1386 Clinton Ave. sold for $1.7 million. Located in Morrisania, the two adjacent two-family properties comprise four renovated apartments totaling 3,692 s/f. IPRG brokers Jared Friedman and David Roman represented the buyer.

1758 Webster Ave. sold for $4.25 million. Located in Tremont, the property served as the longtime home of Webster Plumbing Supply and traded for the first time in over 80 years. The property includes a 12,824 s/f warehouse on a19,000 s/f lot. A competitive bidding process pushed the final price above asking. Friedman and Roman represented both the buyer and seller.

1801 Carter Ave. sold for $1.35 million. Located in Mount Hope, the vacant industrial property includes a 6,200 s/f building on a 12,000 s/f lot. The property features two drive-in bays, a loading dock and excess land. Friedman and Roman represented both the buyer and seller.

 

 

 

3129 Perry Ave. sold for $1.51 million. Located in Norwood, the 9,200 s/f property was formerly operated as a funeral home and was repositioned as a rare mixed-use opportunity. The building features a built-out commercial space on the ground floor, three newly renovated two-bedroom units upstairs and on-site parking. The property was delivered vacant. Friedman represented both the buyer and seller.

416 East 187^th St. sold for $925,000. Located in Belmont between Park and Webster Aves., the four-story walk-up apartment building includes 12 units and traded for $77,000 per unit. The property faced several challenges, including enrollment in the city’s Alternative Enforcement Program, non-paying tenants and squatter-related issues. Despite these complications, the deal was completed following continued buyer outreach and negotiations. Friedman represented both the buyer and seller.

1248 Saint Lawrence Ave. sold for $835,000. Located in Soundview, the three-story mixed-use property includes two three-bedroom apartments and a vacant commercial space. Friedman represented both the buyer and seller.

1807 Willow Ln. sold for $1.5 million. Located in Pelham Bay, the R7-1 development site offers 13,437 buildable s/f. IPRG generated more than 15 offers for the property. Friedman and Roman represented both the buyer and seller.

Founded in 2016, IPRG (Investment Property Realty Group) is a broker-owned commercial real estate brokerage specializing in investment sales, retail leasing, and property management across New York City and New Jersey. The firm focuses on the sale of multifamily properties, mixed-use buildings, development sites, retail assets, and other commercial investment properties. Since its founding, IPRG has completed more than $4 billion in commercial real estate transactions, making it one of the most active investment sales firms in the New York metropolitan area.