Scott Ferguson Acquires Greenpoint Condo On West St. For $1.995M
SOLD
$1,995,000
New York
See Similar Deals1,792 SF
Sold 06/25/2021
SOLD
Scott Ferguson Acquires Greenpoint Condo On West St. For $1.995M
148 West Street, Brooklyn, NY 11222, USA
See Similar Deals1,792 SF
Sold 06/25/2021
Summary
NEW YORK
Price Per Square Foot:$1,113
Total Square Footage:1,792 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$106,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,087.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,457.32
Annual Debt Service$113,487.81
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