Will Kuchins And Alyssa Brody Of Powered By DMT Represent Buyers In $2.175M Brooklyn Condo Sale
1 City Point
$2,100,000
$1,830/SF
Building Size
1,147 SF
Asset Type
Condo
Closing
Apr 4, 2025
About this deal
AI
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.
On the Map
$2,100,000
$1,830/SF
Condo
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Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.55%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93