Sarah Ellison Acquires Park Slope Multifamily For $3.3M From Nina Phillips

The multifamily property located at 553 9th Street in Park Slope was sold on October 8, 2021. The property, with a zoning designation of R6B, was purchased by Sarah Ellison from Nina Phillips for a price of $3,300,000. The building has a total square footage of 2,897 and a price per square foot of $1,139. The sale also included a buildable square footage (BSF) of 3,690, with a price per buildable square foot (PPBSF) of $894. The lot size measures 1,845 square feet, and the lot dimensions are 20.5 feet by 90 feet. The property has a floor area ratio (FAR) of 1.57 and belongs to tax class 1. The sale was subject to an alteration permit issued on April 7, 2008.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,300,000
• Market: Park Slope
• Buyer: Sarah Ellison
• Seller: Nina Phillips

Sarah Ellison, represented by her broker, successfully acquired the multifamily property at 553 9th Street in Park Slope. Meanwhile, Nina Phillips, represented by her own broker, sold the property to Ellison. The transaction is a significant milestone for both parties involved.