Marcus & Millichap Sells Multifamily Property In Park Slope, Brooklyn For $3.18M

The multifamily property located at 864 President Street in Park Slope, Brooklyn was recently sold in a closed transaction. The property consists of 7 units with a total square footage of 5,176. The sale price for the property was $3,180,000, resulting in a price per unit of $454,285 and a price per square foot of $614.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,180,000
• Units: 7
• Price per Unit: $454,285
• Total Square Footage: 5,176
• Price per Square Foot: $614
• Market: Park Slope, Brooklyn

Ronald Krieb was the seller of the property. The deal was facilitated by Shaun Riney, Mark Zarrella, and Perry Landsman from Marcus & Millichap, who represented the seller in the transaction.