Rudd Realty Acquires Multifamily Property In Park Slope, Brooklyn For $10.4M

The multifamily property located at 94-96 Sterling Place in Park Slope, Brooklyn has been sold in a closed transaction. The property consists of 25 units, along with a cell tower. The transaction took place on December 20, 2019, and the sale price was $10,400,000. The total square footage of the property is 18,020 square feet, resulting in a price per square foot of $577.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $10,400,000
• Address: 94-96 Sterling Place, Park Slope, Brooklyn
• Market: Park Slope, Brooklyn
• Square Footage: 18,020
• Price Per Square Foot: $577

The seller of the property was Debra Warshaw, while the buyer was Rudd Realty. The transaction was facilitated by Jonny Yuran of NKF, who represented the buyer. Additionally, the property features a cell tower, adding to its value and potential revenue streams.