Lee Cohen Of Redhoek Sells Condo At 346 Avenue U Brooklyn For $5.1M With Broker Jenny Braha Mizrahi
346 Avenue U
$5,100,000
$2,419/SF
Building Size
2,108 SF
Asset Type
Condo
Closing
Sep 22, 2024
About this deal
AI
The property asset is a condo located at 346 Avenue U, Brooklyn, with a sale price of $5,100,000. It has a total square footage of 2,108 and a price per square foot of $2,419.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,100,000
- Seller: Lee Cohen - Redhoek - Opal Residences
- Broker: Jenny Braha Mizrahi - JBM
This transaction involves key individuals including Lee Cohen, who represents the seller, and Jenny Braha Mizrahi, who is the broker handling the deal.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.4K per square foot on a published $5.1M for 2,108 square feet (2024).
Visit Jenny Braha Mizrahi to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93