Richard & Lisa Zabel Acquire 360 Furman Street Condo In Brooklyn Heights For $6.5M
360 Furman Street
$6,500,000
$1,911/SF
Building Size
3,400 SF
Asset Type
Condo
Closing
Jan 19, 2024
AI
Richard & Lisa Zabel purchased a condo located at 360 Furman Street in Brooklyn Heights. The property, with a total area of 3,400 square feet, was sold by Elizabeth Stribling. The transaction, facilitated by Leonard Steinberg of Compass, was closed on January 19, 2024, for a sale price of $6,500,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,500,000
- Address: 360 Furman Street, Brooklyn Heights
- Market: Brooklyn Heights
- Square Footage: 3,400
- Buyer: Richard & Lisa Zabel
- Seller: Elizabeth Stribling
- Broker: Leonard Steinberg - Compass
Notably, Elizabeth Stribling, the former chair of Stribling & Associates, sold her penthouse at 1 Brooklyn Bridge Park for $6.5 million. The property was listed in August 2022 for $8.5 million and the deal concluded on January 12, 2024.
Players
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93