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
About this deal
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.
On the Map
$1,995,000
$1,113/SF
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Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $2M for 1,792 square feet (2021).
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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