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Will Kuchins & Alyssa Brody Of Development Marketing Team Buy Condo In Downtown Brooklyn For $2.17M As Buyer's Rep

Property Image
SOLD
$2,171,500

New York

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Condo1,141 SF
Sold 03/11/2024
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Property Image
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 Deals
Condo1,141 SF
Sold 03/11/2024
Contact now

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:

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.

Players

Alyssa Brody
20 deals$54.6M volume
BROKER

Will Kuchins
Powered by DMT
11 deals$35.4M volume
BROKER

Jane Betancourt
EXTELL
5 deals$11.1M volume
BROKER

Details

SOLD
IMAGE: Will Kuchins, Alyssa Brody & Jane Betancourt DATE: 03/11/2024 ADDRESS: 138 Willoughby Street MARKET: Downtown Brooklyn ASSET TYPE: Condo BUYER'S REP: Will Kuchins (@WillKuch), Alyssa Brody (@AlyssasotoBrody) - Development Marketing Team (@DevelopmentMarketingTeam) SELLER'S REP: Jane Betancourt (@_JaneAllison_) - Extell Development (@Extell) SALE PRICE: $2,171,500 SF: 1,181 ~ PPSF: $1,839

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Deal Type
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