facebook
Traded Co logo
Submit a Deal

Investment Property Realty Group Acquires Multifamily Buildings In Lower East Side For $4.6M

251 & 253 East Broadway
PointingArrow
ShareContact

This MultiFamily property located in NY was sold for $4,583,000 over 1 year ago. The brokers of the deal were Adam Lobel, Zachary Ziskin, Justin Zeitchik, and Eli Zempsky

Two adjacent multifamily buildings located at 251 and 253 E. Broadway in the Lower East Side have been sold. The properties, situated near Seward Park, were purchased by a savvy, up-and-coming buyer. The sale was facilitated by the brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik, and Eli Zempsky from Investment Property Realty Group (IPRG). The transaction had a sale price of $4,583,000 and consisted of 21 units, with a price per unit of $218,238. The total square footage of the buildings is 15,220, resulting in a price per square foot of $301.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,583,000
  • Units: 21
  • Price Per Unit: $218,238
  • Square Footage: 15,220
  • Price Per Square Foot: $301
  • Address: 251 & 253 E. Broadway
  • Market: Lower East Side

The transaction was completed by Investment Property Realty Group (IPRG), with brokers Adam Lobel, Zachary Ziskin, Justin Zeitchik, and Eli Zempsky representing the buyer. Their expertise and assistance played a crucial role in this successful deal.

View Related

Deals
  • Location
    251 East Broadway251 East Broadway
  • Sale Price
    $4,583,000$4,583,000
    $301 PPSF$301 PPSF
  • Area
    15,220 SF15,220 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Zachary Ziskin

Zachary Ziskin

Deals21
Sold$129M

Agency

Investment Property Realty Group (IPRG)

Investment Property Realty Group (IPRG)

Agency
Deals1133
Volume$3.8B

Social

Deal Summary

SALE IMAGE: Zachary Ziskin, Adam Lobel, Justin Zeitchik & Eli Zempsky DATE: 07/07/2022 ADDRESS: 251 & 253 E. Broadway. MARKET: Lower East Side ASSET TYPE: Multifamily BROKERS: Adam Lobel (@AdamLobelRealEstate), Zachary Ziskin (@ZacharyZiskin_IPRG), Justin Zeitchik (@Jigga1216) & Eli Zempsky (@ZempskyNYC) - Investment Property Realty Group (IPRG) (@IPRG_NY) SALE PRICE: $4,583,000 UNITS: 21 ~ PPU: $218,238 SF: 15,220 ~ PPSF: $301 NOTE FROM @IPRG_NY: 251 and 253 East Broadway are 2 adjacent multifamily buildings near Seward Park on the Lower East Side. It was a pleasure to work with this savvy, up-and-coming buyer.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

251 & 253 East Broadway

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits