Julio Gerchman Acquires Multifamily Property In Park Slope For $3.8M

A multifamily property located at 477 14 Street in Park Slope has been sold for $3,800,000. The property has a building square footage (BSF) of 3,684 and a price per BSF of $1,031. The total square footage (SF) of the property is 3,095, with a price per SF of $1,227. The lot size is 1,842 and the property is classified under tax class 1. The property is zoned as R6B and has a floor area ratio (FAR) of 1.68. The lot dimensions are 18.42 ft x 100 ft. An alteration permit was issued on November 13, 1998.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,800,000
• Market: Park Slope
• Zoning: R6B

The buyer of the property is Julio Gerchman and the seller is Edward Tan. The transaction was facilitated by Aran Scott from Douglas Elliman, representing both parties in the deal.