Investment Property Realty Group Brokers $3.6M Sale Of 6-unit Crown Heights Multifamily

A multifamily property located at 68 Troy Ave. in Crown Heights, Brooklyn has been sold for a total price of $3,638,000. The property consists of 6 units, with an average price per unit (PPU) of $606,333. The total square footage (SF) of the property is 3,750, with a price per square foot (PPSF) of $970. The sale was completed through the representation of Ari Harkov from Brown Harris Stevens as the buyer's representative and Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, and Daniel Shawah from Investment Property Realty Group (IPRG) as the seller's representatives.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,638,000
• Units: 6
• PPU: $606,333
• SF: 3,750
• PPSF: $970
• Address: 68 Troy Ave.
• Market: Crown Heights, Brooklyn

The buyer, represented by Ari Harkov from Brown Harris Stevens, saw the potential in this 6-unit multifamily property in Crown Heights. On the other hand, the seller's representatives, Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, and Daniel Shawah from IPRG, facilitated the transaction on behalf of the seller. The property is described as undergoing a sub-rehabilitation process according to a note shared by @IPRG_NY. These individuals and companies played crucial roles in the successful sale of the property.