Will Kuchins & Alyssa Brody Of Development Marketing Team Represent Sale Of Condo In Brooklyn For $2.865M
SOLD
$2,865,000
New York
See Similar DealsCondo1,541 SF
Sold 02/03/2025
SOLD
Will Kuchins & Alyssa Brody Of Development Marketing Team Represent Sale Of Condo In Brooklyn For $2.865M
34 North 7th Street
See Similar DealsCondo1,541 SF
Sold 02/03/2025
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,859
Total Square Footage:1,541 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 34 North 7th Street in Brooklyn. It was sold for a total price of $2,865,000, encompassing an area of 1,541 square feet. The price per square foot for this asset stands at $1,859.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,865,000
- Square Footage: 1,541
- Price Per Square Foot: $1,859
- Address: 34 North 7th Street
- Market: Brooklyn
- Brokers: Will Kuchins & Alyssa Brody - Development Marketing Team
The deal was represented by Will Kuchins and Alyssa Brody, who are members of the Development Marketing Team. Their involvement indicates a focused approach to the intricacies of condo transactions within the Brooklyn market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$152,800.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,178.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,581.56
Annual Debt Service$162,978.74
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