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.
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