Investment Property Realty Group facilitates two sales totaling .125 million : NYREJ

Investment Property Realty Group facilitates two sales totaling $10.125 million : NYREJ

New York, NY Investment Property Realty Group (IPRG) handled the following sales:

121 Bowery – Manhattan, NY

121 Bowery in Chinatown, Manhattan, sold for $5.15 million. This property is located between Grand & Hester St. The lot is built 25.17 ft. x 102.67 ft. and the building is built 25 ft. x 103 ft. This building consists of three commercial spaces and total 6,827 s/f priced at $754 per s/f and $1,716,667 per unit. This building was sold by the Liu Estate and bought by Tenny Lam. Zachary Ziskin, Adam Lobel, Justin Zeitchik and Eli Zempsky facilitated both the buy and sell side of this transaction.

110 First Place – Brooklyn, NY

110 First Pl. in Carroll Gardens, Brooklyn, sold for $4.975 million This property is located between Court & Smith St. The lot is built 26.17 ft. x 70.42 ft. and the building is built 26 ft. x 60 ft. This multifamily consists of four apartments and total 6,400 s/f priced at $777 per s/f and $1,243,750 per unit. The building was delivered vacant. This building was sold by the Fiore Family and bought by @eckstromnyc. Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Warning and Daniel Shawah facilitated both the buy and sell side of this transaction.

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