Marcus & Millichap Sells Park Slope Multifamily Building For $3.6M With Seller's Rep The Matheos Family

The multifamily property located at 88 5th Avenue in Park Slope was recently sold for $3,600,000. The property consists of 7 units with an average price per unit of $514,286. The total square footage of the property is 5,000, with an average price per square foot of $720. The sale was completed by The Matheos Family, with representation from Shaun Riney, Andrew Bronsteen, Mark Zarella from Marcus & Millichap, and Matthew Cosentino from Terra CRG.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,600,000
• Units: 7
• Price per Unit: $514,286
• Square Footage: 5,000
• Price per Square Foot: $720
• Address: 88 5th Avenue
• Market: Park Slope

The sale of this multifamily property was facilitated by Shaun Riney, Andrew Bronsteen, Mark Zarella from Marcus & Millichap, and Matthew Cosentino from Terra CRG. These brokers represented The Matheos Family throughout the transaction.