Will Kuchins & Alyssa Brody Of Development Marketing Team Buy Condo In Downtown Brooklyn For $2.17M As Buyer's Rep
SOLD
New York
See Similar DealsCondo1,141 SF
Sold 03/11/2024
SOLD
Will Kuchins & Alyssa Brody Of Development Marketing Team Buy Condo In Downtown Brooklyn For $2.17M As Buyer's Rep
138 Willoughby Street
See Similar DealsCondo1,141 SF
Sold 03/11/2024
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,903
Total Square Footage:1,141 SF
Transaction Type:Sale
The property at 138 Willoughby Street in Downtown Brooklyn is a condo with a sale price of $2,171,500. It spans 1,181 square feet, resulting in a price per square foot of $1,839.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,171,500
- Address: 138 Willoughby Street, Downtown Brooklyn
- Square Footage: 1,181
- Buyer's Rep: Will Kuchins, Alyssa Brody - Development Marketing Team
- Seller's Rep: Jane Betancourt - Extell Development
The deal involved Will Kuchins and Alyssa Brody from the Development Marketing Team representing the buyer, while Jane Betancourt from Extell Development represented the seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$115,813.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,714.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,294.02
Annual Debt Service$123,528.21
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