IPG Real Estate was awarded the exclusive assignment to sell a six family unit residential building in the highly sought after Greenpoint neighborhood in Brooklyn, New York. Located on a tree-lined street at 243 Kingsland Avenue, this building boasts 4,875 square feet comprised in its three stories. The building’s owners wanted a real estate brokerage company that could not only handle challenging assignments in a timely manner, but also had strong connections in the area.
They chose IPG for the assignment. George Donohue, President of IPG Real Estate stated, “When it comes to investing in real estate, Greenpoint Brooklyn is one of the most sought after urban areas in the United States. Smart money both domestically and from overseas is flowing into the area. All aspects of real estate are thriving and growing. This includes the multi-family market, rentals, condos, coops and retail stores. This particular building is in the middle of it all. This is an opportunity for someone to own a good solid piece of real estate that will generate high income, has good upside potential and is in a great area of New York City”.
In the past three years, the building owners invested over $340,000 in capital improvements, including complete renovations of two apartments. Other highlights include its half-block proximity from Monsignor McGolrick Park, PS 110 Monitor School and one block from the G subway for easy commuting.
Given the location, amenities and potential of this property, it has already garnered a substantial amount of interest from some of the most prominent property investors in New York. Hence, IPG Real Estate believes that this exceptional property will not be on the market for long.
The lead agent on this property is Marius Sztramko, IPG Real Estate’s Director of Sales and Leasing. Himself a Brooklyn resident, Marius brings relevant real estate experience, as well as unparalleled knowledge of the neighborhood. Marius can be contacted via call or text at (347) 551-6601 or via email at firstname.lastname@example.org.
International Properties Group is a full service commercial and residential real estate firm. The firm has successfully executed complex deals in the United States and abroad. IPG’s President George F. Donohue brings 25 years of real estate negotiating experience to the executive team at IPG. See www.realestateipg.com