Back to all insights IPRG ANNOUNCES $1,350,000 SALE OF 1707 MELVILLE STREET IN VAN NEST, BRONX
NEW YORK, NY – September 9th, 2026 – Investment Property Realty Group (IPRG), a leading New York-based commercial investment firm, has successfully closed the sale of 1707 Melville Street, a mixed-use building in the Van Nest section of the Bronx, for $1,350,000.
The transaction was negotiated by Jared Friedman who represented both the seller, The Ramos and the buyer, The Yehia Family.
The building has been owned by the same family for 43 years. The building was delivered vacant and consisted of 3 apartments and two stores.
Founded in 2016, IPRG (Investment Property Realty Group) is a broker-owned commercial real estate brokerage specializing in investment sales, retail leasing, and property management across New York City and New Jersey. The firm focuses on the sale of multifamily properties, mixed use buildings, development sites, retail assets, and other commercial investment properties. Since its founding, IPRG has completed more than $4 billion in commercial real estate transactions, making it one of the most active investment sales firms in the New York metropolitan area. Through its market expertise, data driven approach, and collaborative platform, IPRG helps investors, developers, property owners, and institutions maximize the value of their commercial real estate assets. For more information, visit www.iprg.com.