Dominic Stott Acquires Multi-Family Property At 513 4th Street In Park Slope For $5.7M
513 4th Street
$5,700,000
$1,187/SF
Building Size
4,800 SF
Asset Type
MultiFamily
Closing
Feb 26, 2026
AI
A multi-family property located at 513 4th Street in Park Slope, Brooklyn, was sold for $5.7 million. The property spans 4,800 square feet, resulting in a price per square foot of approximately $1,188.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $5,700,000
- Square Footage: 4,800
- Address: 513 4th Street
- Market: Park Slope, Brooklyn
The transaction involved buyer Dominic Stott, while Felicia D. Herman and David Mark Ben-ur acted as the sellers. The deal was finalized on February 26, 2026.
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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93