A six-story rental building in the heart of Park Slope traded for the first time in decades, fetching $22 million, property records show.
The 1920s-era property has 49 units, where a market-rate one-bedroom is currently listed for $2,600 per month, according to StreetEasy.
Rents in New York City remained stagnant in March, although Brooklyn prices saw slight increases. The median rental price, including concessions, rose 2 percent to $2,806 a month, according to a report by Douglas Elliman and appraisal firm Miller Samuel. But the share of rentals with concessions jumped to 16 percent, up from 7 percent last year.