Quadrum Global's Greenpoint Sells Condo In Brooklyn For $5.7M With Kayla Lee And Russell Pollack
29 Huron Street
$5,700,000
$2,478/SF
Building Size
2,300 SF
Asset Type
Condo
Closing
Oct 30, 2024
About this deal
AI
The condo located at 29 Huron Street in Brooklyn sold for $5,700,000. The property features a total area of 2,300 square feet, translating to a price per square foot of $2,478. This sale is noted for setting a neighborhood record for a penthouse within the Quadrum Global's Greenpoint development, known as the Huron.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,700,000
- Address: 29 Huron Street
- Market: Brooklyn
- Square Footage: 2,300
- Price per Square Foot: $2,478
- Seller: Quadrum Global's Greenpoint
- Buyer's Representative: Russell Pollack - Platinum Properties
- Seller's Representative: Kayla Lee - Serhant
This transaction involved key individuals including Russell Pollack as the buyer's representative from Platinum Properties and Kayla Lee representing the seller from Serhant, contributing to the successful negotiation of this all-cash deal.
On the Map
$5,700,000
$2,478/SF
Condo
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Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $5.7M for 2,300 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93