Stimler of Greysteel brokers $7.25 million sale in Brooklyn

Brooklyn, NY Greysteel has arranged the $7.25 million sale of 185 Prospect Park West in Park Slope for a local private investor. Representing the buyer and seller, the transaction was negotiated by Greysteel senior investment associate, Michael Stimler, who is from the firm’s New York office. The multifamily property closed for $725,000 per unit.

185 Prospect Park West, built in 1920, consists of 10 units.

“With our national platform and shared database, we are able to relocate equity and find purchasers not just across the boroughs but across the country,” said Stimler.

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