Griffin Burr, Jonah Cohen, And Hannah Sloane Acquire Resi Condo In Carroll Gardens, Brooklyn
316 Carroll St, Brooklyn, NY 11231, USA
$4,053,000
$1,247/SF
Building Size
3,249 SF
Asset Type
—
Closing
Apr 20, 2020
About this deal
AI
The residential condominium located at 316 Carroll Street in Carroll Gardens, Brooklyn has been sold in a closed transaction. The property is a 3,249 square foot unit with a sale price of $4,053,000, resulting in a price per square foot of $1,247.5. The seller of the property was OI Capital Group & @MDevelopmentNYC – Raffi Manor, while the buyer was Griffin Burr, Jonah Cohen, and Hannah Sloane. The deal was facilitated by the broker David Avgi.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $4,053,000
- Address: 316 Carroll Street, Carroll Gardens, Brooklyn
- Market: Carroll Gardens, Brooklyn
- Seller: OI Capital Group & @MDevelopmentNYC – Raffi Manor
- Buyer: Griffin Burr, Jonah Cohen, Hannah Sloane
- Broker: David Avgi
The buyer group consisting of Griffin Burr, Jonah Cohen, and Hannah Sloane successfully acquired the residential condominium at 316 Carroll Street. The deal was facilitated by broker David Avgi. The property features a generous 3,249 square feet of space and was sold at a price per square foot of $1,247.5.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $1.2K per square foot on a published $4.1M for 3,249 square feet (2020).
Visit David Avgi to view all their deals.
Browse New York sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.91%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93