Chung Family Sells Multifamily Property On Prospect Ave, Park Slope For $1.39M

The multifamily property located at 197 Prospect Ave in Park Slope has been sold in a recent transaction. The property consists of 6 units and spans a total square footage of 3,375. The sale price for this transaction was $1,390,000, resulting in a price per unit of $231,666 and a price per square foot of $411.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $1,390,000
• Units: 6
• Price per Unit: $231,666
• Square Footage: 3,375
• Price per Square Foot: $411
• Address: 197 Prospect Ave
• Market: Park Slope

The sale was facilitated by Marcel Fridman from the Barcel Group, who represented the Chung Family, the sellers of the property. Marcel Fridman, as the seller's broker in this deal, successfully helped complete the transaction.