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
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