Morris Piller Acquires Multifamily Property In Brooklyn, Prospect Park South For $8.2M

The multifamily property located at 205 East 17th Street in Brooklyn, Prospect Park South has been sold in a closed transaction. The property, with a total square footage of 64,268, was listed with an asking price of $13,250,000. The sale was finalized at a price of $8,200,000, resulting in a price per square foot of $128.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,200,000
• Address: 205 East 17th Street, Brooklyn, Prospect Park South
• Market: Brooklyn, Prospect Park South

Allison Clark acted as the seller in this transaction, while Morris Piller served as the buyer. The deal was facilitated by brokers Shaun Riney, Seth Glasser, Dan Greenblatt, and Zalman Yarmush from Marcus & Millichap.