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148 West Street

Scott Ferguson & Harry Alexander Kosene Acquire Greenpoint Condo On West St. From Marvin Azrak For $6.38M
SOLDCondo

Scott Ferguson & Harry Alexander Kosene Acquire Greenpoint Condo On West St. From Marvin Azrak For $6.38M

148 West Street

$6,380,000

$1,195/SF

Building Size

5,338 SF

Asset Type

Condo

Closing

Nov 7, 2022

AI

Located at 148 West St. in Greenpoint, this condo was recently sold in a closed transaction. The property features a total of 5,338 square feet and was sold for a price of $6,380,000, reflecting a price per square foot of $1,195.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,380,000
  • Address: 148 West St.
  • Market: Greenpoint
  • Square Footage: 5,338

The buyers in this transaction were Scott Ferguson and Harry Alexander Kosene, while the seller was Marvin Azrak. Representing the deal was David Avgi, a partner at Avenues Real Estate. A top sales agent in new development in Brooklyn and Manhattan, David Avgi ensured a successful transaction for all parties involved.

For any future real estate needs, interested individuals can contact David Avgi at Avenues Real Estate.

Players

David Avgi

Avenues Real Estate

Broker

$81.2M

vol

24 deals

Broker

New York 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

2.49%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93