Rodney Millot Acquires Prospect Heights Condo For $1.65M
SOLD
$1,650,000
New York
See Similar DealsCondo1 SF
Sold 01/12/2022
SOLD
Rodney Millot Acquires Prospect Heights Condo For $1.65M
280 Saint Marks Avenue
See Similar DealsCondo1 SF
Sold 01/12/2022
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,650,000
Total Square Footage:1 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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