Will Kuchins And Alyssa Brody Of Powered By DMT Represent Buyer In $2.4M Brooklyn Condo Sale
SOLD
$2,400,000
New York
See Similar DealsCondo1,146 SF
Sold 04/04/2025
SOLD
Will Kuchins And Alyssa Brody Of Powered By DMT Represent Buyer In $2.4M Brooklyn Condo Sale
1 City Point
See Similar DealsCondo1,146 SF
Sold 04/04/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$2,094
Total Square Footage:1,146 SF
Transaction Type:Sale
The transaction involves a condo located at 1 City Point, Brooklyn. The sale was finalized for a price of $2,400,000, with a total square footage of 1,146 and a price per square foot of $2,094.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,400,000
- Square Footage: 1,146
- Price Per Square Foot: $2,094
- Buyer's Representative: Will Kuchins & Alyssa Brody - Powered By DMT
- Seller's Representative: Jane Betancourt - Extell Development
The deal was represented on the buyer's side by Will Kuchins and Alyssa Brody from Powered By DMT, while Jane Betancourt from Extell Development represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$127,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69
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