Ravi Kantha & Matthew Lesser Of Leslie Garfield Brokerage Sell Brooklyn Heights SFR For $16.75M
SOLD
$16,750,000
New York
See Similar DealsCo-Op8,250 SF
Sold 12/13/2022
SOLD
Ravi Kantha & Matthew Lesser Of Leslie Garfield Brokerage Sell Brooklyn Heights SFR For $16.75M
212 Columbia Heights
See Similar DealsCo-Op8,250 SF
Sold 12/13/2022
Summary
NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$2,030
Total Square Footage:8,250 SF
Transaction Type:Sale
A single-family residential (SFR) property located at 212 Columbia Heights in Brooklyn Heights has been sold for a total price of $16,750,000. The property spans across 8,250 square feet, resulting in a price per square foot (PPSF) of $2,030. This transaction took place on December 14, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $16,750,000
- Address: 212 Columbia Heights
- Market: Brooklyn Heights
Ravi Kantha and Matthew Lesser, representing Leslie Garfield, were the brokers involved in this sale.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$893,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$59,509.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$79,403.55
Annual Debt Service$952,842.55
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