Douglas Elliman Brokers Sell Out 5-Unit Condo In Fort Greene For $12.6M
181 Carlton Avenue, Brooklyn, New York 11205, United States
$12,630,000
$5,125/SF
Building Size
2,464 SF
Asset Type
—
Closing
Dec 24, 2021
AI
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
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
1.26%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93