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Krystle Butcher Acquires Park Slope Multifamily From Ian Adelman For $4.85M

121 Lincoln Place
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This MultiFamily property located in NY was sold for $4,850,000 over 1 year ago.

A multifamily property located at 121 Lincoln Place in Park Slope, Brooklyn has been sold on July 14, 2022. The property is zoned as R6B and features a lot size of 2,388 square feet. The building has a square footage of 3,200 and a buildable square footage (BSF) of 4,776. The price for this transaction was $4,850,000, with a price per buildable square foot (PPBSF) of $1,015 and a price per square foot (PPSF) of $1,515. The last recorded sale of this property was on April 6, 2016, for a price of $3,250,000.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $4,850,000
  • Zoning: R6B
  • Lot Size: 2,388 sqft
  • Building Square Footage (BSF): 4,776 sqft
  • Price per Buildable Square Foot (PPBSF): $1,015
  • Price per Square Foot (PPSF): $1,515
  • Last Recorded Sale Price: $3,250,000 (04/06/2016)

The buyer of the property is Krystle Butcher, while the seller is Ian Adelman.

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Deals
  • Location
    121 Lincoln Place, Brooklyn, New York 11217, United States121 Lincoln Place, Brooklyn, New York 11217, United States
  • Sale Price
    $4,850,000$4,850,000
    $1,515 PPSF$1,515 PPSF
  • Area
    3,200 SF3,200 SF
  • Asset Type
    MultiFamilyMultiFamily

Deal Summary

SALE DATE: 07/14/2022 ADDRESS: 121 Lincoln Place MARKET: Park Slope, Brooklyn ASSET TYPE: Multifamily ~ ZONING: R6B BUYER: Krystle Butcher SELLER: Ian Adelman PRICE: $4,850,000 BSF: 4,776 ~ PPBSF: $1,015 SF: 3,200 ~ PPSF: $1,515 FAR: 1.34 TAX CLASS: 1 LOT SIZE: 2,388 LAST SALE PRICE: $3,250,000 (04/06/2016) LOT DIMENSION: 16.75 ft x 142.58 ft

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