Gregory P. Fournier Acquires Multifamily Property In Park Slope, Brooklyn For $3.6M

The multifamily property located at 370 Fifth Avenue in Park Slope, Brooklyn has been sold. The property is zoned as R6A and C1-4, allowing for mixed-use development. The sale took place on April 26, 2022, with a transaction amount of $3,575,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,575,000
• Market: Park Slope, Brooklyn
• Zoning: R6A, C1-4

The buyer of the property is Gregory P. Fournier, while the seller is Stephen E O'Rourke.

The property has a building square footage (BSF) of 7,434, with a price per square foot (PPSF) of $480. The total square footage (SF) of the property is 5,179, with a price per square foot (PPSF) of $690.

The FAR (Floor Area Ratio) of the property is 2.09, and it falls under tax class 2A.

The lot size of the property is 2,478 square feet, with dimensions of 25.33 ft x 97.83 ft. The property has an alteration permit dating back to October 19, 2016, which indicates previous renovations.