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148 West Street, Brooklyn, ...

Scott Ferguson Acquires Greenpoint Condo On West St. For $1.995M
SOLD

Scott Ferguson Acquires Greenpoint Condo On West St. For $1.995M

148 West Street, Brooklyn, NY 11222, USA

$1,995,000

$1,113/SF

Building Size

1,792 SF

Asset Type

Closing

Jun 25, 2021

AI

A condo located at 148 West St. in Greenpoint has been sold in a recent transaction. The property spans across 1,792 square feet and was listed for sale at an asking price of $2,000,000. The sale price reached a final amount of $1,995,000, resulting in a price per square foot of $1,113.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,995,000
  • Address: 148 West St.
  • Market: Greenpoint

The buyer involved in this transaction is Scott Ferguson, while the seller is Marvin Azrak. The deal was facilitated by David Avgi from venuesNY.

Players

David Avgi

Avenues Real Estate

Broker

$81.2M

vol

24 deals

Broker
Bold Real Estate
Bold Real EstateBrokerage

New York 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

7.95%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93