386 SIXTH LLC paid $2M to THE PHYLLIS TERESA SMITH LIVING TRUST

386 SIXTH LLC paid THE PHYLLIS TERESA SMITH LIVING TRUST $2.1 million for 1 parcel, including the tax class four families (C3) and containing 4 residential units at 386 6 Avenue in Park Slope. The deal closed on June 13, 2019 and was recorded on July 17, 2019. The parcel(s) have total development potential of 2,828 square feet.
The average sale price per square foot is $812.
The estimated cap rate is 5.6%

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