Townhouse Rental II LLC Acquires Multifamily Property From Greg Fournier For $4.95M In Park Slope
33 Park Place
$4,950,000
$1,636/SF
Building Size
3,025 SF
Asset Type
MultiFamily
Closing
Mar 11, 2026
AI
Townhouse Rental II, LLC acquired a multifamily property at 33 Park Place in Park Slope, Brooklyn, for $4.95 million. The property encompasses 3,025 square feet, with a price per square foot of $1,636.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,950,000
- Address: 33 Park Place
- Market: Park Slope, Brooklyn
- Seller: Greg Fournier - Greenbrook Partners
- Buyer: Townhouse Rental II, LLC
- Square Footage: 3,025
- Price per Square Foot: $1,636
Greg Fournier represented Greenbrook Partners in the sale of the property to Townhouse Rental II, LLC. This transaction reflects a strategic acquisition in the multifamily segment within the Brooklyn market.
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.20%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93