A hospital property at 71 Lincoln Place in Park Slope, Brooklyn, has been sold for $12.55 million, translating to $569 per square foot. The asset encompasses a total area of 22,039 square feet and was sold on April 10, 2025, by Melissa E Aese representing The University Settlement Society of New York.

Summary of transaction details:

• Property Type: Hospital
• Transaction Amount: $12,550,000
• Address: 71 Lincoln Place
• Market: Park Slope, Brooklyn
• Square Footage: 22,039
• Price Per Square Foot: $569
• Buyer: The Lincoln Place Property Owner, LLC
• Seller: The University Settlement Society of New York - Melissa E Aese
• Brokers: Daniel Kaplan and Justin Arzi - CBRE

The acquisition was facilitated by brokers Daniel Kaplan and Justin Arzi from CBRE, representing the buyer in this transaction. The seller, Melissa E Aese, is affiliated with The University Settlement Society of New York, which provides educational and social services to immigrants and low-income families, based in the Lower East Side of Manhattan.