SOLD
Marcus & Millichap Sells Multifamily Property In Park Slope, Brooklyn For $3.35M
520-522 4th Avenue
MultiFamily
26,880 SF
26,880 SF
Sold 100 days ago
Summary
Sale
NEW YORK
MultiFamily
26,880 sqft
The multifamily property located at 520-522 4th Avenue in Park Slope, Brooklyn was recently sold for a total price of $3,350,000. The property consists of 16 units with an average price per unit of $209,375. The total square footage of the property is 13,440, with an average price per square foot of $249.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Address: 520-522 4th Avenue, Park Slope, Brooklyn
- Market: Park Slope, Brooklyn
- Units: 16
- Price per Unit: $209,375
- Square Footage: 13,440
- Price per Square Foot: $249
The sellers of the property were The Orlando Family. The transaction was facilitated by brokers Shaun Riney, Michael Salvatico, and Andrew Bronsteen, representing the seller through Marcus & Millichap.
A special thanks was extended to Justin P. Daley, the seller's counsel from Connors & Sullivan PLLC, for being an integral part of the selling team.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Michael Salvatico, Shaun Riney & Andrew Bronsteen
DATE: 01/19/2024
ADDRESS: 520-522 4th Avenue
MARKET: Park Slope, Brooklyn
ASSET TYPE: Multifamily
SELLER: The Orlando Family
BROKERS: Shaun Riney (@ShaunRiney1), Michael Salvatico (@MikeSalvatico) & Andrew Bronsteen (@BkBronsteen) - Marcus & Millichap (@MarcusMillichapInc)
SALE PRICE: $3,350,000
UNITS: 16 ~ PPU: $209,375
SF: 13,440 ~ PPSF: $249
NOTE FROM BROKER: Special thanks to Justin P. Daley, seller’s counsel, of Connors & Sullivan PLLC, for being a part of an excellent selling team.View on map
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Address520-522 4th Avenue
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