Will Kuchins And Alyssa Brody Of Powered By DMT Represent Buyers In $2.175M Brooklyn Condo Sale
SOLD
$2,100,000
New York
See Similar DealsCondo1,147 SF
Sold 04/04/2025
SOLD
Will Kuchins And Alyssa Brody Of Powered By DMT Represent Buyers In $2.175M Brooklyn Condo Sale
1 City Point
See Similar DealsCondo1,147 SF
Sold 04/04/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,830
Total Square Footage:1,147 SF
Transaction Type:Sale
A condo located at 1 City Point, Brooklyn, has been sold for $2,175,000. The property encompasses 1,147 square feet, resulting in a price per square foot of $1,896.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,175,000
- Address: 1 City Point, Brooklyn
- Square Footage: 1,147
- Price per Square Foot: $1,896
- Buyer's Representative: Will Kuchins & Alyssa Brody - Powered By DMT
- Seller's Representative: Jane Betancourt - Extell Development
The deal was facilitated by Will Kuchins and Alyssa Brody representing the buyer, while Jane Betancourt represented the seller in the transaction, ensuring the involvement of experienced professionals in the process.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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