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707 Willoughby Avenue

Baruch Guttman & Ben Ribiat Sell Condo On 707 Willoughby Ave In NYC For $16.28M
SOLDCondo

Baruch Guttman & Ben Ribiat Sell Condo On 707 Willoughby Ave In NYC For $16.28M

707 Willoughby Avenue

$16,280,000

$1,027/SF

Building Size

15,846 SF

Asset Type

Condo

Closing

Jan 25, 2023

AI

The condo located at 707 Willoughby Avenue in New York City has been sold. The property spans 15,846 square feet and was sold for a total price of $16,280,000, resulting in a price per square foot of $1,027. The sellers of the condo were Baruch Guttman and Ben Ribiat. Natanel Malkoukian, Sara Golan, and Natasha Karaty from represented the sellers in the transaction.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $16,280,000
  • Square Footage: 15,846
  • Price per Square Foot: $1,027
  • Address: 707 Willoughby Avenue, New York City

Natanel Malkoukian, Sara Golan, and Natasha Karaty from played a crucial role as brokers in representing the sellers during the transaction. They have also hinted at upcoming new development projects to be announced.

If you are interested in learning more about upcoming developments in New York, Miami, and LA, you can contact Natanel Malkoukian directly at 646-361-3276.

Players

Natanel Malkoukian

Reavis Development Marketing

Broker

$297.8M

vol

14 deals

Broker

Market 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

0.97%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93