Investment Property Realty Group Facilitates $7.3M Sale Of Multifamily Property In New York City

A multifamily property comprising of 8 units and 2 stores located at 1711 2nd Avenue in New York City has been sold in a closed transaction. The property spans across 6,000 square feet with a sale price of $7,300,000, resulting in a price per square foot of $1,217.

Summary of transaction details

• Property Type: Multifamily (8 Units & 2 Stores)
• Transaction Amount: $7,300,000
• Address: 1711 2nd Avenue, New York City
• Seller: Aryeh Realty - Andrew Aryeh & Brandon Aryeh
• Broker: Justin Zeitchik - Investment Property Realty Group (IPRG)

The seller of the property is Aryeh Realty, represented by Andrew Aryeh and Brandon Aryeh. The buyer was connected with Justin Zeitchik from Investment Property Realty Group (IPRG) to facilitate the transaction.