Blake Weber Shaw Acquires Prospect Heights Multifamily For $3.95M

Located at 193 Prospect Place in Prospect Heights, Brooklyn, this recently sold multifamily property is a great investment opportunity. The property was sold on February 15, 2022, with Blake Weber Shaw as the buyer and Clare Francis as the seller. The transaction price was $3,950,000, and the property offers a total building square footage (BSF) of 5,240, translating to a price per BSF (PPBSF) of $753. The total lot size is 2,620 square feet, with dimensions measuring 20 feet by 131 feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,950,000
• Address: 193 Prospect Place, Prospect Heights, Brooklyn
• Market: Prospect Heights, Brooklyn
• Buyer: Blake Weber Shaw
• Seller: Clare Francis
• BSF: 5,240
• PPBSF: $753
• Square Footage: 2,777
• Price Per Square Foot (PPSF): $1,422
• Lot Size: 2,620 square feet
• Lot Dimension: 20 ft x 131 ft

The buyer, Blake Weber Shaw, made an excellent investment in this multifamily property. Clare Francis, the seller, successfully closed the deal. With a floor area ratio (FAR) of 1.06 and a tax class of 2A, this property offers great potential for future development or continued use.