Compass Represents Buyer And Douglas Elliman Represents Seller In $3.25M Condo Sale, Park Slope
1 Prospect Park West, Brooklyn, New York 11215, United States
$3,250,000
$1,899/SF
Building Size
1,711 SF
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
Located at 1 Prospect Park West in Park Slope, this condo was recently sold for a price of $3,250,000. With a total area of 1,711 square feet, the property offers a price per square foot of $1,899. The transaction took place on September 16, 2022.
Summary of Transaction Details:
- Property Type: Condo
- Transaction Amount: $3,250,000
- Address: 1 Prospect Park West
- Market: Park Slope
In this deal, the buyer was represented by Sam Libowsky from Compass, while the seller was represented by Jared LaFrenais from Douglas Elliman.
On the Map
$3,250,000
$1,899/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93