Located in Park Slope, the multifamily property at 566 7th St. recently changed hands in a sale transaction. The property consists of 16 units with a total square footage of 10,636. The sale price for this transaction was $6,750,000, resulting in a per unit price of $421,875 and a price per square foot of $634. The seller of the property was the Stein Family Trust.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $6,750,000
• Units: 16
• Price per Unit: $421,875
• Total Square Footage: 10,636
• Price per Square Foot: $634

The buyer in this transaction was Conway Capital, represented by Connor Domershick and Max Maleh, along with Joel J. Gorjian of Gorjian Acquisitions. The broker involved in this deal was Michael Sherman of Baseline Real Estate Advisors. These individuals and companies played a crucial role in facilitating the transaction.