Lee Cohen Sells Condo At 346 Avenue U Unit 3C In Brooklyn For $4.1M With JBM's Broker
346 Avenue U
$4,100,000
$2,410/SF
Building Size
1,701 SF
Asset Type
Condo
Closing
Nov 18, 2024
About this deal
AI
The property asset involved is a condo located at 346 Avenue U Unit 3C in Brooklyn. The sale price for this unit is $4,100,000, encompassing a total square footage of 1,701, which translates to a price per square foot of $2,410.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,100,000
- Square Footage: 1,701
- Price Per Square Foot: $2,410
- Seller: Lee Cohen - RedHoek - Opal Residences
- Broker: Jenny Braha Mizrahi - JBM
- Date: 11/18/2024
Key individuals in this transaction include seller Lee Cohen, represented by RedHoek under the Opal Residences division. The broker facilitating the deal is Jenny Braha Mizrahi associated with JBM.
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 $4.1M for 1,701 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93