Sohrab Khodabakhsh Sells 854 Prospect Place Multifamily In Crown Heights For $2.05M

This multifamily property located at 854 Prospect Place in Brooklyn comprises 4 units and spans 3,600 square feet. The sale price for this off-market transaction was $2,050,000, translating to a price per unit of $512,500 and a price per square foot of $569. The property was sold fully vacant and required a full gut renovation.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,050,000
• Units: 4
• Square Footage: 3,600
• Price Per Unit: $512,500
• Price Per Square Foot: $569
• Seller: Sohrab Khodabakhsh
• Broker: Fred Bijou - Bijou Equities

Fred Bijou of Bijou Equities LLC represented the seller in this transaction. The brokerage also facilitated tenant buyouts for holdover tenants associated with the property.