Abraham Lebowitz Purchases Brooklyn Condo From Jay Lichtman For $4.25M
316 Rutledge Street
$4,250,000
$1,097/SF
Building Size
3,872 SF
Asset Type
Condo
Closing
Jul 13, 2026
About this deal
AI
A condo located at 316 Rutledge Street in Brooklyn was sold in a residential transaction for $4,250,000. The property encompasses a total of 3,872 square feet, which equates to a price per square foot of $1,098. This deal highlights a significant transfer of ownership within the Brooklyn market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,250,000
- Address: 316 Rutledge Street, Brooklyn
- Square Footage: 3,872
- Price per Square Foot: $1,098
- Buyer: Abraham Lebowitz
- Seller: Jay Lichtman
- Sale Date: July 13, 2026
This transaction involved Abraham Lebowitz as the buyer, while the seller was Jay Lichtman. The deal was finalized on July 13, 2026, marking a direct residential sale between the two parties. The transaction reflects active real estate movement in the Brooklyn area.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $4.3M for 3,872 square feet (2026).
Browse Brooklyn condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93