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Estate Of Ernesto Imbriano Sells Multifamily Property At 501 8th Avenue For $6.1M

Property Image
SOLD
$6,100,000
Luke Sproviero
Adam Lobel
+ 3

New York

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MultiFamily6,960 SF
Sold 04/03/2025
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Property Image
SOLD

Estate Of Ernesto Imbriano Sells Multifamily Property At 501 8th Avenue For $6.1M

501 8th Avenue

See Similar Deals
MultiFamily6,960 SF
Sold 04/03/2025
Luke Sproviero
Adam Lobel
+ 3
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Price Per Square Foot:$876
Total Square Footage:6,960 SF
Transaction Type:Sale

The property asset is a multifamily building located at 501 8th Avenue in Park Slope, Brooklyn. The sale price was $6,100,000 for a total of 4 units, equating to a price per unit of $1,525,000. The total square footage of the property is 6,960, leading to a price per square foot of $876. The property was delivered vacant.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $6,100,000
  • Address: 501 8th Avenue
  • Market: Park Slope, Brooklyn
  • Total Units: 4
  • Price Per Unit: $1,525,000
  • Square Footage: 6,960
  • Price Per Square Foot: $876
  • Seller: Estate of Ernesto Imbriano
  • Broker Representatives: Derek Bestreich, Luke Sproviero, Adam Lobel, Toby Waring, Samantha Katz & Alon Kahan - Investment Property Realty Group (IPRG)

The sale involved multiple brokers representing the interests of the seller, the Estate of Ernesto Imbriano. This collaboration highlights the professional engagement of the Investment Property Realty Group (IPRG) in facilitating the sale process.

Players

Adam Lobel
137 deals$583.5M volume(314) 920-8639
BROKER

Derek Bestreich
Investment Property Realty Group (IPRG)
312 deals$1.1B volume(718) 360-8802
BROKER

Luke Sproviero
Investment Property Realty Group (IPRG)
222 deals$848.7M volume
BROKER

Toby Waring
Investment Property Realty Group (IPRG)
89 deals$348.6M volume
BROKER

Samantha Katz
Investment Property Realty Group (IPRG)
17 deals$91.5M volume(718) 360-4834
BROKER

Alon Kahan
Investment Property Realty Group (IPRG)
12 deals$64.6M volume
BROKER

Details

SOLD
IMAGE: Derek Bestreich, Luke Sproviero, Adam Lobel & Toby Waring DATE: 04/03/2025 ADDRESS: 501 8th Avenue MARKET: Park Slope, Brooklyn ASSET TYPE: Multifamily SELLER: Estate of Ernesto Imbriano BROKERS: Derek Bestreich (@DerekBestreich), Luke Sproviero (@LukeSproviero), Adam Lobel (@AdamLobelRealEstate), Toby Waring (@BklynBricks), Samantha Katz (@Skatz.NYC) & Alon Kahan - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $6,100,000 UNITS: 4 ~ PPU: $1,525,000 SF: 6,960 ~ PPSF: $876 NOTE FROM BROKER: Delivered Vacant ,Brooklyn

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