Updated Aug 24, 2026
Henry Toole Acquires Multifamily Property At 37 Prospect Place In Park Slope For $4.3M
37 Prospect Place
$4,300,000
$1,264/SF
Building Size
3,400 SF
Asset Type
MultiFamily
Closing
Aug 3, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 37 Prospect Place, Park Slope, Brooklyn. The sale was completed for a price of $4,300,000, with a total square footage of 3,400. This translates to a price per square foot of $1,265.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,300,000
- Address: 37 Prospect Place
- Market: Park Slope, Brooklyn
- Square Footage: 3,400
- Price Per Square Foot: $1,265
- Buyer: Henry Toole
- Seller: Evan Sopher
In this transaction, Henry Toole acquired the property from Evan Sopher. The deal reflects a robust market movement in Brooklyn, particularly in the multifamily asset category.
Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93