170,000 SF R8X Zoning Residential
1 Prospect Park West
Park Slope
Closed at
$84,000,000
Details
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.