James Douglas Acquires Condo In Dumbo, Brooklyn For $3.95M
SOLD
$3,950,000
New York
See Similar Deals2,474 SF
Sold 02/07/2022
SOLD
James Douglas Acquires Condo In Dumbo, Brooklyn For $3.95M
30 Main Street, Brooklyn, New York 11201, United States
See Similar Deals2,474 SF
Sold 02/07/2022
Summary
NEW YORK
Price Per Square Foot:$1,596
Total Square Footage:2,474 SF
Transaction Type:Sale
A condo located at 30 Main St. in Dumbo, Brooklyn was recently sold for $3,950,000. The property spans 2,474 square feet, resulting in a price per square foot of $1,596. The transaction occurred on February 7, 2022.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $3,950,000
- Address: 30 Main St.
- Market: Dumbo, Brooklyn
- Buyer: James Douglas
- Seller: Jennifer Tost
- Buyer's Representative: Victoria Zelepukin - R New York
- Seller's Representative: Karen Heyman - Sotheby's International Realty
Victoria Zelepukin of R New York represented the buyer, James Douglas, in this transaction. Karen Heyman of Sotheby's International Realty represented the seller, Jennifer Tost. The deal was closed on February 7, 2022, with a sale price of $3,950,000 and a square footage of 2,474.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$210,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,725.02
Annual Debt Service$224,700.18
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