Jewel Street Inc. Purchases Property At 117 Jewel St Brooklyn For $1.61M With Broker Hakeem Lecky

The property involved in this transaction is located at 117 Jewel St, Brooklyn, NY, 11222. The market value of the asset is $1,610,000. It features a total square footage of 3,000 square feet and encompasses a four-apartment multifamily structure. The building has lot dimensions measuring 25 by 100 feet and is zoned R6B with an FAR of 2.0, categorized under tax class 2A.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,610,000.00
• Buyer: Jewel Street Inc.
• Seller: 117 Jewel Street LLC
• Buyer’s Representative: Hakeem Lecky - Investment Property Realty Group (IPRG)
• Seller’s Representatives: Derek Bestreich, Luke Sproviero, Donal Flaherty, and Corey Haynes

This transaction highlights a strategic asset acquisition by Jewel Street Inc. facilitated by Hakeem Lecky of Investment Property Realty Group (IPRG). The deal also involved experienced professionals from Bestreich Realty Group (BRG) representing the seller, 117 Jewel Street LLC, reflecting a collaborative effort in completing the sale.