Wallace Family Purchases Multifamily Property At 155 Prospect Place Brooklyn For $2,050,000

The asset involved in the transaction is a multifamily property located at 155 Prospect Place, Brooklyn. The sale price for this property was $2,050,000, and it comprises a total of 8 units with a building size of 4,068 square feet. The price per unit stands at $256,250, while the price per square foot is $503.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,050,000
• Units: 8
• Square Footage: 4,068
• Price Per Unit: $256,250
• Price Per Square Foot: $503
• Buyer: Wallace Family
• Broker: Matt Fotis - Marcus & Millichap
• Date of Transaction: 6/25/2026

In this transaction, the Wallace Family is the buyer of the property, and they were represented by broker Matt Fotis from Marcus & Millichap. The details of the transaction reflect the involvement of these key players in the multifamily real estate market.