Rachel Foster Sells Multifamily Property On Pierrepont Street In Brooklyn Heights For $4.2M

A multifamily property located at 32 Pierrepont Street in Brooklyn Heights has been sold for $4,200,000. The property spans 6,310 square feet, resulting in a price per square foot of $665.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,200,000
• Address: 32 Pierrepont Street
• Market: Brooklyn Heights

The seller of the property is Rachel Foster. Representing the seller, Adam Hess and Edward Setton from Meridian Capital Group facilitated the sale.

It is worth noting that 9 out of the 10 units in the property were delivered vacant. The new owner plans to undertake substantial rehabilitation of the property.