Will Kuchins And Alyssa Brody Of Development Marketing Team Represent Buyer In Condo Sale For $2.28M
138 Willoughby Street
$2,280,000
$1,993/SF
Building Size
1,144 SF
Asset Type
Condo
Closing
Mar 6, 2025
AI
The property asset involved in this transaction is a condo located at 138 Willoughby Street, Brooklyn. The sale price for this condo was $2,280,000, and it encompasses a total area of 1,144 square feet, resulting in a price per square foot of $1,993.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,280,000
- Square Footage: 1,144
- Price Per Square Foot: $1,993
- Buyer's Representative: Will Kuchins & Alyssa Brody - Development Marketing Team
- Seller's Representative: Jane Betancourt - Extell Development
The transaction was facilitated by Will Kuchins and Alyssa Brody from the Development Marketing Team, representing the buyer. Jane Betancourt from Extell Development represented the seller in this deal.
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
6.96%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93