Rodney Millot Acquires Prospect Heights Condo For $1.65M
280 Saint Marks Avenue
$1,650,000
$1,650,000/SF
Building Size
1 SF
Asset Type
Condo
Closing
Jan 12, 2022
About this deal
AI
A condo unit located at 280 Saint Marks Avenue in Prospect Heights, Brooklyn, has been sold for a total price of $1,650,000. The property spans 1,059 square feet and was sold at a price per square foot of $1,558. The transaction took place on 12/01/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,650,000
- Market: Prospect Heights, Brooklyn
- Address: 280 Saint Marks Avenue
The buyer of the condo unit is Rodney Millot. The sale was facilitated by Bernardo Metsch of Atelier WM LLC, acting as the broker for Rodney Millot.
On the Map
$1,650,000
$1,650,000/SF
Condo
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Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.7M per square foot on a published $1.7M for 1 square feet (2022).
Visit Bernardo (Beni) Metsch to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93