469-473 4 St, LLC with Gregory P. Fournier as authorized signatory pays $10M for Park Slope brownstones

469-473 4 St, LLC with Gregory P. Fournier as authorized signatory bought adjacent brownstone buildings in Park Slope for $10 million in two transactions.

In the first, Gregory P. Fournier as authorized signatory through the entity 469-473 4 St, LLC paid LEDM Realty, LLC $5.0 million for 469 4th Street in Park Slope. The deal closed on September 26, 2019, and was recorded on October 7, 2019. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 8 residential units. The property is 8,660 square feet. The parcel(s) have total development potential of 8,660 square feet.
The average sale price per square foot is $577.
The estimated cap rate is 9.1%

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
469-473 4 St,Llc pays $5M to Eldm Realty, LLC for property in Park Slope{

In the second transaction, 469-473 4 St, LLC paid ELDM Realty, LLC $5.0 million for 473 4th Street in Park Slope. The deal closed on September 26, 2019, and was recorded on October 7, 2019. The transaction consists of 1 parcel, including the tax class multifamily, over six families without stores (C1) and containing 8 residential units. The property is 8,652 square feet. The parcel(s) have total development potential of 8,652 square feet.
The average sale price per square foot is $578.
The estimated cap rate is 9.1%

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link