Sugarhill Capital Acquires Multifamily Properties In Park Slope, BK For $31.2M

Two multifamily properties located at 136 Prospect Park West and 150 Prospect Park West in Park Slope, Brooklyn have been sold for a total of $31,200,000. The properties have a combined square footage of 20,562 at 136 Prospect Park West and 35,298 at 150 Prospect Park West. The sale took place on July 11, 2019, and the market for these properties was Park Slope, Brooklyn.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $31,200,000
• Square Footage: 20,562 (136 Prospect Park W) & 35,298 (150 Prospect Park W)
• Seller: Kenneth & Bradley Fishel
• Buyer: Sugarhill Capital
• Broker: Aaron Jungreis & Michael Guttman from Rosewood Realty Group NY

The sale of these multifamily properties was facilitated by Aaron Jungreis and Michael Guttman from Rosewood Realty Group NY. They represented the seller, Kenneth & Bradley Fishel, in the transaction. The buyer, Sugarhill Capital, acquired the properties for a significant amount. The deal showcases the involvement of key individuals and companies in this successful transaction.