Investment Property Realty Group Sells Multifamily Property In Park Slope For $6.1M

Located in the desirable neighborhood of Park Slope, this multifamily property at 806 President Street recently changed hands in a closed transaction. Spanning 4,068 square feet, the property is ideally situated for residents looking for a comfortable and convenient living space in this vibrant area.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $6,100,000
• Address: 806 President Street
• Market: Park Slope

Representing the buyer in this transaction was Ari Harkov from The Harkov Lewis Team, while the seller was expertly represented by Derek Bestreich, Luke Sproviero, Adam Lobel, and Toby Waring from Investment Property Realty Group (IPRG). These skilled professionals played a pivotal role in ensuring a successful sale.

The property was sold for a price of $6,100,000, translating to a price per square foot of $1,500. With its prime location in Park Slope and its appealing multifamily design, this transaction represents a significant investment opportunity for the new owner.