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.
On the Map
$5,100,000
$2,419/SF
Condo
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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).
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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