Douglas Elliman Acquires Cobble Hill Condominium For $8.6M
23 Wyckoff St
$8,625,000
Building Size
—
Asset Type
—
Closing
Feb 20, 2023
About this deal
AI
A closed property transaction recently took place in Cobble Hill, involving a condominium located at 23 Wyckoff St. The property was sold for a price of $8,625,000. This spacious and well-appointed condominium offers a desirable living space along with modern amenities. Situated in the vibrant market of Cobble Hill, it presents an attractive opportunity for buyers.
Summary of transaction details
- Property Type: Condominium
- Sale Price: $8,625,000
- Address: 23 Wyckoff St
- Market: Cobble Hill
Jed Klebanow, Hilah Hadaway Williams, and Alex Maroni, representing The_Maroni_Team at Douglas Elliman, played instrumental roles in this successful transaction. Through their expertise in the real estate market, they facilitated the deal between the buyer and seller, ensuring a smooth and seamless process.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.84%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93