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346 Avenue U

Lee Cohen Of Redhoek Sells Condo At 346 Avenue U Brooklyn For $5.1M With Broker Jenny Braha Mizrahi
SOLDCondo

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

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

Jenny Braha Mizrahi

JBM

Broker

$37.4M

vol

6 deals

Broker

Brooklyn Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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