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Max Kaufman Acquires 16,307 Square-Foot Condo From Marc Holliday For $30.5M In Williamsburg
SOLD
$30,500,000
New York
See Similar DealsCondo16,307 SF
Sold 05/26/2026
SOLD
Max Kaufman Acquires 16,307 Square-Foot Condo From Marc Holliday For $30.5M In Williamsburg
185 Broadway
See Similar DealsCondo16,307 SF
Sold 05/26/2026
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,870
Total Square Footage:16,307 SF
Transaction Type:Sale
A 16,307-square-foot condo located at 185 Broadway in Williamsburg, Brooklyn, was sold for $30.5 million. The sale price translates to approximately $1,870 per square foot, reflecting the market dynamics of the area.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $30,500,000
- Address: 185 Broadway
- Market: Williamsburg, Brooklyn
- Square Footage: 16,307
- Price Per Square Foot: $1,870
- Buyer: Max Kaufman
- Seller: Marc Holliday - SL Green
- Closing Date: May 26, 2026
This transaction involved Marc Holliday representing SL Green in the sale to buyer Max Kaufman. The significant monetary exchange highlights the active real estate environment in Williamsburg, Brooklyn.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,626,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$108,360.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$144,585.56
Annual Debt Service$1,735,026.72
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