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770 Washington Avenue, 66 6th Avenue , 585 Vanderbilt Avenue, 40 4th Avenue, 257 Flatbush Avenue
SOLD

$12.2M Prospect Slope Portfolio Mixed-Use Sale In Prospect Heights & Park Slope, Brooklyn By Benjamin Zalman To Undisclosed Buyer Represented By Peter Von Der Ahe, Shaun Riney, Mark Zarrella, And Andrew Bronsteen

770 Washington Avenue, 66 6th Avenue , 585 Vanderbilt Avenue, 40 4th Avenue, 257 Flatbush Avenue

Mixed-use
20,415 SF
clock iconSold 1 year ago
Andrew Bronsteen
Peter Von Der Ahe
Mark Zarrella
+ 2
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Summary

Sale
NEW YORK
Mixed-use
20,415 sqft

The Prospect Slope Portfolio, consisting of properties located at 770 Washington Ave., 66 6th Ave., 585 Vanderbilt Avenue, 40 4th Ave., and 257 Flatbush Ave., has been sold in a recent transaction in Prospect Heights & Park Slope, Brooklyn. The mixed-use asset spans a total of 20,415 square feet and was sold for a total price of $12,200,000, resulting in a price per square foot of $598. The portfolio includes 25 units, with an average price per unit of $488,000.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $12,200,000
  • Address: 770 Washington Ave., 66 6th Ave., 585 Vanderbilt Avenue, 40 4th Ave., 257 Flatbush Ave.
  • Market: Prospect Heights & Park Slope, Brooklyn
  • Buyer: 🤫
  • Seller: Benjamin Zalman
  • Brokers: Peter Von Der Ahe, Shaun Riney, Mark Zarrella, Andrew Bronsteen (@NewYorkMultifamily, @MarcusMillichap_NY)

The deal was facilitated by brokers Peter Von Der Ahe, Shaun Riney, Mark Zarrella, and Andrew Bronsteen, representing the buyer and seller in the transaction. The buyer's and seller's identities were not disclosed. The sale of the Prospect Slope Portfolio highlights the demand for mixed-use properties in the Prospect Heights & Park Slope neighborhood of Brooklyn.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Andrew Bronsteen's profile picture
Andrew Bronsteen
Marcus & Millichap-image
Licensed Real Estate Salesperson
$138M Sold
Mark Zarrella's profile picture

Details

Deal Summary
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SOLD
IMAGE: Peter Von Der Ahe, Shaun Riney, Mark Zarrella, Andrew Bronsteen (@BKBronsteen) DATE: 09/22/2020 ADDRESS: The Prospect Slope Portfolio - 770 Washington Ave., 66 6th Ave. , 585 Vanderbilt Avenue, 40 4th Ave., 257 Flatbush Ave. MARKET: Prospect Heights & Park Slope, Brooklyn ASSET TYPE: Mixed-use BUYER: 🤫 SELLER: Benjamin Zalman BROKERS: Peter Von Der Ahe, Shaun Riney, Mark Zarrella, Andrew Bronsteen @NewYorkMultifamily @MarcusMillichap_NY SALE PRICE: $12,200,000 SF: 20,415 ~ PPSF: $598 UNITS: 25 ~ PPU: $488,000

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Address770 Washington Avenue, 66 6th Avenue , 585 Vanderbilt Avenue, 40 4th Avenue, 257 Flatbush Avenue

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