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

Property Image
SOLD
$3,100,000

New York

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Co-Op1,500 SF
Sold 10/07/2024
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Property Image
SOLD

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

128 Willow Street

See Similar Deals
Co-Op1,500 SF
Sold 10/07/2024
Contact now

Summary

NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$2,066
Total Square Footage:1,500 SF
Transaction Type:Sale

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
6 deals$23M volume(646) 283-1420
BROKER

Details

SOLD
IMAGE: Jules Garcia DATE: 10/07/2024 ADDRESS: 128 Willow Street MARKET: Brooklyn ASSET TYPE: Co-Op SELLER: Henry Ashley BROKER: Jules Garcia (@WaterviewAdvisoryGroup) - Elegran Real Estate SALE PRICE: $3,100,000 SF: 1,500 ~ PPSF: $2,066 NOTE FROM BROKER: The historic district, Brooklyn Heights' real estate market shows no signs of cooling. This beautiful 3 bed 2 bath home which received multiple offers is situated just steps away from the Brooklyn Heights Promenade. Adding another trophy property to their portfolio of transactions... Jules Garcia and the Waterview Advisory Group secured the deal for their great clients.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$165,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
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