Investment Property Realty Group brokers seven sales: $27.288 million total

Brooklyn, NY Investment Property Realty Group completed the following transactions:

• The closing of 132 & 134 W 23^rd St. in Chelsea with a lease value of $10.45 million. This property is located between 6^th and 7^th Sts. and  totals buildable 33,328 s/f. These 99-year ground lease development sites are priced at $313 per builable s/f. Adam Lobel, Zachary Ziskin, Justin Zeitchik, Eli Zempsky, and Ben Cirella facilitated transaction.
• The closing of 25 Stanhope St. in Bushwick for $4 million. This property is located on the corner of Evergreen Ave. and Stanhope St. This 3,750 s/f free market mixed-use property totals five apartments and one store, priced at $1,067 per s/f and $666,667 per unit. Derek Bestreich, Steve Reynolds, Tom Reynolds, and Brian Davila facilitated this transaction.
• The closing of 68 Troy Ave. in Crown Heights for $3.638 million. This property is located between Pacific St. and Atlantic Ave. This six apartment multifamily has a total of 3,750 s/f priced at $970 per s/f and $606,333 per unit. Bestreich, Luke Sproviero, Lobel, Toby Warning,and Daniel Shawah facilitated this transaction.
• The closing of 122 7^th Ave. in Park Slope for $2.8 million. This property is located on the corner of President and Carroll Sts. This mixed-use building has a total of 4,000 s/f priced at $700 per s/f. Bestreich, Sproviero, Lobel, Warning, and Shawah facilitated this transaction.
• The closing of 185 Ainslie St. in Williamsburg for $2.6 million. This property is located on the corner of Manhattan Ave. and Leonard St. This development site has a total of 5,787.5 buildable s/f priced at $449 per buildable s/f. The Cosenza Family was the seller on this deal. Bestreich, Sproviero, Donal Flaherty, Corey Haynes, and Thomas Ventura facilitated this transaction.
• The closing of 961 East 167^th St. in Foxhurst for $1.975 million. This property is located between Southern Blvd. and E. 167^th St. This mixed-use building consists of six apartments and one store totaling 6,408 s/f priced at $308 per s/f and $282,143 per unit. Bestreich, Sproviero, Steve Reynolds, and Davila facilitated this transaction.
• The closing of 223 Frost St. in Williamsburg for $1.825 million. This property is located between Kingsland Ave. and Humboldt St. This development site has a total 5,000 buildable s/f priced at $365 per builable s/f. This building was sold by the Piecoro Family and the buyer is Arik Bar Chaim. Bestreich, Sproviero, Flaherty, Haynes and Ventura facilitated this transaction.