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138 Willoughby Street, Broo...

Extell Development Sells Condop On Willoughby Street, Downtown Brooklyn To Buyer's Rep Jennyrose Halupka & Tatia Wetzel - Compass For $2.1M
SOLD

Extell Development Sells Condop On Willoughby Street, Downtown Brooklyn To Buyer's Rep Jennyrose Halupka & Tatia Wetzel - Compass For $2.1M

138 Willoughby Street, Brooklyn, New York 11201, United States

$2,091,412

$1,976/SF

Building Size

1,058 SF

Asset Type

Closing

Nov 23, 2021

AI

The condop located at 138 Willoughby Street in Downtown Brooklyn was recently sold in a closed transaction. The property, developed by Extell Development Company, was purchased for a sale price of $2,091,412. The condop spans 1,058 square feet, resulting in a price per square foot of $1,976.

Summary of transaction details

  • Property Type: Condop
  • Transaction Amount: $2,091,412
  • Address: 138 Willoughby Street, Downtown Brooklyn
  • Square Footage: 1,058
  • Price per Square Foot: $1,976
  • Seller: Extell Development Company
  • Buyer's Representative: Jennyrose Halupka & Tatia Wetzel of The Halupka Team - Compass

The transaction was facilitated by Jennyrose Halupka and Tatia Wetzel of The Halupka Team - Compass. As new development experts, they successfully closed the deal in under 30 days with financing. Their expertise enables them to assist buyers and sellers with confidence throughout the complex transaction process.

To contact Jennyrose Halupka, you can reach out via call or text at 646.494.5301 or email at jrh@compass.com. For any inquiries regarding the transaction, Tata Wetzel can be contacted at tatawetzel@compass.com.

Players

Tatia Wetzel

Compass

Broker

$3.6M

vol

2 deals

Broker
EXTELL
EXTELLBrokerage
EXTELL
EXTELLSeller

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.58%

Cash-on-Cash

-2.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93