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128 Willow Street

Henry Ashley Sells Co-Op At 128 Willow Street Brooklyn For $3.1 Million With Broker Jules Garcia
SOLDCo-Op

Henry Ashley Sells Co-Op At 128 Willow Street Brooklyn For $3.1 Million With Broker Jules Garcia

128 Willow Street

$3,100,000

$2,066/SF

Building Size

1,500 SF

Asset Type

Co-Op

Closing

Oct 7, 2024

AI

This co-op property located at 128 Willow Street in the Brooklyn market features 1,500 square feet of space and consists of 3 bedrooms and 2 bathrooms. The sale price for this asset was $3,100,000, resulting in a price per square foot of $2,066.

Summary of transaction details:

  • Property Type: Co-Op
  • Transaction Amount: $3,100,000
  • Address: 128 Willow Street
  • Market: Brooklyn
  • Square Footage: 1,500
  • Price Per Square Foot: $2,066
  • Seller: Henry Ashley
  • Broker: Jules Garcia - Elegran Real Estate

Jules Garcia represented the seller in this transaction and was instrumental in securing multiple offers for the property. The real estate market in the historic district of Brooklyn Heights continues to thrive, contributing to the acquisition of another significant property for their clients.

Players

Jules Garcia
Verified Badge

Jules Garcia

Waterview At CB Warburg

Broker

$23M

vol

6 deals

Broker

Brooklyn Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93