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302 5th Street
SOLD

Charles Quimby Acquires Multifamily Property On 4th Avenue In Park Slope For $1.1M

302 5th Street

MultiFamily
27,720 SF
clock iconSold 1 year ago
Toby Waring
Luke Sproviero
Gabriel Kates
+ 4
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Summary

Sale
NEW YORK
MultiFamily
27,720 sqft

The multifamily property located at 397 4th Avenue in Park Slope was recently sold for $1,100,000. The transaction took place on June 25, 2021. The property spans a total area of 4,456 square feet and has a price per square foot of $246. It consists of 6 units, with 66% of them being stabilized. The price per unit amounts to $183,333.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,100,000
  • Address: 397 4th Avenue, Park Slope
  • Market: Park Slope
  • Asset Type: Multifamily
  • Tax Class: 2A

The buyer of this property is Charles Quimby. The seller is The Striano Estate, represented by Jerry Striano. The seller's representatives in the deal were Dan O'Brien, Caroline Hodes, and Casey Begoon from Cushman & Wakefield.

Players

  • All

    9

  • Agents

    6

  • Agencies

    3

Toby Waring's profile picture
Toby Waring
Investment Property Realty Group (IPRG)-image
Senior Associate
$196.2M Sold
Gabriel Kates's profile picture
Daniel Shawah's profile picture
Derek Bestreich's profile picture

Details

Deal Summary
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SOLD
IMAGE: Caroline Hodes, Dan O'Brien & Casey Begoon DATE: 06/25/2021 ADDRESS: 397 4th Avenue MARKET: Park Slope ASSET TYPE: Multifamily ~ TAX CLASS: 2A BUYER: Charles Quimby SELLER: The Striano Estate - Jerry Striano SELLER’S REP: Dan O’Brien, Caroline Hodes, Casey Begoon - Cushman & Wakefield SALE PRICE: $1,100,000 SF: 4,456 ~ PPSF: $246 UNITS: 6 (66% stabilized) ~ PPU: $183,333

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Address302 5th Street

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