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Brokerage
Posted: July 26, 2022
Investment Property Realty Group brokers two sales totaling $6.15 million
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Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 84 State St. in Brooklyn Heights for $5.2 million. This property is located between Henry & Hicks St. The lot is built 26 ft. x 100 ft. and the building is built 26 ft. x 57 ft. This multifamily consists of 10 apartments and has a total of 6,360 s/f priced at $818 per s/f. This building was sold by Rudolf Ammann. Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, and Daniel Shawah of IPRG facilitated both sides of this deal.
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Additionally, IPRG handled the sale of 47-07 47th Ave. in Sunnyside, Queens for $950,000. This property is located between 47th and 48th Aves. The lot is built 19 ft x 100 ft. This multifamily building consists of six apartments and has 4,152 s/f priced at $229 per s/f and $158,333 per unit. This building was sold by Jose & Norma Romero and bought by Peak Capital – Alex Rabin & David Gomez. Bestreich, Steve Reynolds, Tom Reynolds, Henry Hill of IPRG were the brokers on this deal.
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