Cushman & Wakefield Represents Seller In $6.5M Multifamily Sale In Park Slope

A multifamily property located at 114-116 Prospect Place in Park Slope has been sold for a total of $6,500,000. The property consists of 9 units with a price per unit (PPU) of $722,222. The total square footage (SF) of the property is 9,500, with a price per square foot (PPSF) of $684.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,500,000
• Units: 9
• PPU: $722,222
• Total SF: 9,500
• PPSF: $684

The seller of this property is Charles Ogunro. The transaction was facilitated by the following brokers from Cushman & Wakefield: Dan O'Brien, Caroline Hodes, Casey Begoon, and Will Diana.