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
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