Krystle Butcher Acquires Park Slope Multifamily From Ian Adelman For $4.85M

A multifamily property located at 121 Lincoln Place in Park Slope, Brooklyn has been sold on July 14, 2022. The property is zoned as R6B and features a lot size of 2,388 square feet. The building has a square footage of 3,200 and a buildable square footage (BSF) of 4,776. The price for this transaction was $4,850,000, with a price per buildable square foot (PPBSF) of $1,015 and a price per square foot (PPSF) of $1,515. The last recorded sale of this property was on April 6, 2016, for a price of $3,250,000.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $4,850,000
• Zoning: R6B
• Lot Size: 2,388 sqft
• Building Square Footage (BSF): 4,776 sqft
• Price per Buildable Square Foot (PPBSF): $1,015
• Price per Square Foot (PPSF): $1,515
• Last Recorded Sale Price: $3,250,000 (04/06/2016)

The buyer of the property is Krystle Butcher, while the seller is Ian Adelman.