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.

Additionally, IPRG handled the sale of 47-07 47^th Ave. in Sunnyside, Queens for $950,000. This property is located between 47^th and 48^th 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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