Lindsay Abrams Acquires Resi Condo In Cobble Hill For $2.65M
SOLD
$2,650,000
New York
See Similar Deals1,300 SF
Sold
SOLD
Lindsay Abrams Acquires Resi Condo In Cobble Hill For $2.65M
119 Congress Street, Cobble Hill, Brooklyn, NY, USA
See Similar Deals1,300 SF
Sold
Summary
NEW YORK
Price Per Square Foot:$2,038
Total Square Footage:1,300 SF
Transaction Type:Sale
Located at 119 Congress Street in Cobble Hill, this residential condo was sold on August 30, 2021. The property spans 1,300 square feet, offering a comfortable living space for its residents. The sale price for this condo was $2,650,000, resulting in a price per square foot of $2,038.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $2,650,000
- Address: 119 Congress Street, Cobble Hill
Lindsay Abrams purchased this condo, while Alex Meshechok sold it. The buyer was represented by Jaime Richichi from Nestseekers, and the seller was represented by Jack Chiu from The_Maroni_Team and DouglasElliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$141,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22
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