News: Brokerage

IPRG closes 806 President St; for $6.1 million

Brooklyn, NY Investment Property Realty Group (IPRG) has completed the closing of 806 President St. for $6.1 million. This property is located between 6th and 7th Ave.

The building is built 18.75 ft x 45 ft and the lot is built 18.75 ft x 100 ft. This multifamily consists of 8 apartments has approximately 4,238 s/f priced at $1,439 price/sf and $762,500 price/unit. Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring facilitated the seller’s side of this transaction.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for