Lee Cohen Of Redhoek Sells Condo At 346 Avenue U Brooklyn For $6M With Broker Jenny Braha Mizrahi
346 Avenue U
$6,000,000
$2,507/SF
Building Size
2,393 SF
Asset Type
Condo
Closing
Oct 9, 2024
About this deal
AI
The property involved in this transaction is a condo located at 346 Avenue U in Brooklyn. The sale price of the condo is $6,000,000, spanning 2,393 square feet, which equates to a price per square foot of $2,507.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,000,000
- Address: 346 Avenue U
- Market: Brooklyn
- Square Footage: 2,393
- Price Per Square Foot: $2,507
- Seller: Lee Cohen - Redhoek - Opal Residences
- Broker: Jenny Braha Mizrahi - JBM
Lee Cohen is the seller of the condo, affiliated with Redhoek and Opal Residences. The broker representing the seller in this transaction is Jenny Braha Mizrahi from JBM.
Players
Brooklyn Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $6M for 2,393 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93