Investment Property Realty Group close on 219-221 Frost St. for $5.5 million

Brooklyn, NY Investment Property Realty Group (IPRG) closed 219-221 Frost St. for $5.5 million. This property is located between Kingsland Ave. and Humboldt St. This property offers 5 apartments, 1 store and a vacant lot. The building is built 25 ft x 78 ft, offering approximately 5,850 s/f. The lot is built 62.5 ft x 100 ft and is zoned R6B, offering approximately 12,500 buildable s/f.

219-221 Frost St. was sold by the Turigiano Family to Arik Bar Chaim. IPRG Brokers Derek Bestreich, Luke Sproviero, Donal Flaherty, Corey Haynes, Thomas Ventura, and Sal Monteverde represented the buyer.

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