Douglas Elliman Brokers Sell Out 5-Unit Condo In Fort Greene For $12.6M
SOLD
$12,630,000
New York
See Similar Deals2,464 SF
Sold 12/24/2021
SOLD
Douglas Elliman Brokers Sell Out 5-Unit Condo In Fort Greene For $12.6M
181 Carlton Avenue, Brooklyn, New York 11205, United States
See Similar Deals2,464 SF
Sold 12/24/2021
Summary
NEW YORK
Price Per Square Foot:$5,125
Total Square Footage:2,464 SF
Transaction Type:Sale
Five condominium units located at 181 Carlton Avenue in Fort Greene have sold out. The transaction was facilitated by Jed Klebanow and Alexander Maroni of Douglas Elliman. The total sales price for the condos amounted to $12,630,000, with a blended price per square foot (PPSF) of $1,700.
Summary of Transaction Details:
- Property Type: Condo
- Total Sales Price: $12,630,000
- Blended Price Per Square Foot (PPSF): $1,700
- Address: 181 Carlton Avenue, Fort Greene
- Market: Fort Greene
- Number of Units: 5
Jed Klebanow and Alexander Maroni of Douglas Elliman represented the buyers and sellers in this transaction. Their expertise and negotiation skills were instrumental in the successful sale of these condominium units.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$673,600.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,871.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,872.64
Annual Debt Service$718,471.72
Is there something missing? Send suggestions