Investment Property Realty Group Facilitates $6.8M Multifamily Sale In Bushwick

A multifamily property located at 1125, 1127, 1129, 1131, & 1133 Greene Avenue in Bushwick has been sold for a total of $6,825,000. The property consists of 10 units with an average price per unit of $682,500. The total square footage of the property is 10,970, resulting in a price per square foot of $622.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,825,000
• Units: 10
• Price per Unit: $682,500
• Square Footage: 10,970
• Price per Square Foot: $622
• Address: 1125, 1127, 1129, 1131, & 1133 Greene Avenue
• Market: Bushwick

The sale of this multifamily property was facilitated by Derek Bestreich, Steve Reynolds, Luke Sproviero, Tom Reynolds, and Brian Davila of Investment Property Realty Group (IPRG). They represented the parties involved in the transaction, acting as brokers for the deal.