Closed

170,000 SF R8X Zoning Residential

1 Prospect Park West

Park Slope

Closed at
$84,000,000

171 ft x 100 ft irreg. Lot Size
18,434 Lot SF
110,973 Gross BSF
N2 Building Class
Corner of Prospect Park West & Union Street Cross Streets
1066_35 Block_Lot
Subways
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Mixed-Use 1 Prospect Park West, Park Slope
Ofer Cohen
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Details

Zoning R8X
FAR 6.02

Overview

We are pleased to announce my team’s recent closing of the sale of One Prospect Park West, a ~170,000 SF building located on the corner of Union Street and Prospect Park West in Brooklyn’s Park Slope neighborhood. The building sold for $84 Million.

One Prospect Park West is the largest building on Prospect Park West. The nine-story pre-war building contains approximately 169,410 square feet and is uniquely positioned to be converted into residences. Overlooking Prospect Park and Grand Army Plaza, the property benefits from high visibility, featuring 171 feet of frontage on Prospect Park West, 104 feet of frontage on Union Street and 100 feet of frontage on President Street.

This is one of the most iconic buildings in Brooklyn in one of the most sought after locations in the city, directly across from Prospect Park, and we are happy to have successfully facilitated the transaction.

Attractions

Located in Park Slope, one of NYC’s most desirable neighborhoods, the building sits across from Grand Army Plaza and Prospect Park and is within walking distance of many Brooklyn institutions, including the Brooklyn Museum, Brooklyn Public Library, Barclays Center and the Brooklyn Botanic Garden. The immediate area has become the center of cultural activity in Brooklyn, and therefore the most desirable amongst investors and residents alike.

Brooklyn Museum
Brooklyn Public Library
Barclays Center
Brooklyn Botanic Garden.

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