Ian Harris Acquires Condo At 10 Quincy St In Clinton Hill For $2.35M
10 Quincy Street, Brooklyn, New York 11238, United States
$2,350,000
$1,711/SF
Building Size
1,373 SF
Asset Type
—
Closing
Sep 8, 2022
About this deal
AI
Located at 10 Quincy St in Clinton Hill, this condominium unit was sold in a closed transaction. The property, a condo, spans 1,373 square feet and is part of a meticulously restored collection of 46 loft spaces. The unit features 3 bedrooms, 2.5 bathrooms, and impressive 14' ceilings. It also boasts an expansive terrace and a driveway with private parking. The sale price for this property was $2,350,000, resulting in a price per square foot of $1,712.
Summary of Transaction Details
- Property Type: Condo
- Sale Price: $2,350,000
- Square Footage: 1,373
- Price Per Square Foot: $1,712
- Address: 10 Quincy St, Clinton Hill
In this transaction, Ian Harris acted as the buyer, acquiring the property from the seller, Loketch Group. Beni Metsch, representing Atelier WM LLC, served as the buyer's representative. Deborah Rieders acted as the seller's representative in the deal.
On the Map
$2,350,000
$1,711/SF
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Players
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Deal FAQ
About $1.7K per square foot on a published $2.4M for 1,373 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.75%
Cash-on-Cash
-1.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93