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Deal Story: 734 East 227th Street

IPRG ANNOUNCES $1,050,000 SALE OF 734 EAST 227TH STREET IN WAKEFIELD, BRONX

NEW YORK, NY – September 29th, 2026 – Investment Property Realty Group (IPRG), a leading New York-based commercial investment firm, has successfully closed the sale of 734 East 227th Street, a multi-family building located in the Wakefield section of the Bronx, for $1,050,000.

The transaction was negotiated by Jared Friedman who represented both the seller, Bennet Shllaku and the buyer.

The fully occupied, free-market property required an expedited sale process. Leveraging his relationships with active Bronx investors, Friedman identified a qualified buyer with one phone call and secured an offer that met the seller’s target price.

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.