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A blog for breaking sales and neighborhood real estate news.

A mixed-use building at 242 Prospect Park West, located in Park Slope in Brooklyn, was sold in an all cash transaction valued at $1,875,000.

The four-story building is approximately 5,880 square feet and sits on a 25’ x 98’ lot.  There are six apartments and two commercial spaces. The building and the units are in great condition and have been meticulously cared for by the same owner since 1981. The property is located three blocks from historic Prospect Park and two blocs from the F and G trains.

“We are very pleased that we could help the sellers, who have owned the building for almost 30 years, achieve an impressive sale price of $318 per square foot,” said Massey Knakal First Vice President of Sales Adam Hess who exclusively handled this transaction.

Click here for press release

Neighborhoods: Park Slope