Yong Hwan Moon, Megan Clayer, Simon Howe, Alex Khenkin, Ming Ying Li, Alex Marodkovich, Jacob Fowler Acquire Residential Condo In Prospect Heights, Brooklyn
792 Classon Avenue
$6,754,000
$971/SF
Building Size
6,949 SF
Asset Type
Condo
Closing
Aug 28, 2020
About this deal
AI
A residential condominium located at 792 Classon Ave in Prospect Heights, Brooklyn, has been sold in a closed transaction. The property consists of 8 units with a total square footage of 6,949, yielding a blended square footage of 6,949. The sale price for the condominium was $6,754,000, resulting in a price per square foot of $972.
Summary of transaction details
- Property Type: Residential Condominium
- Transaction Amount: $6,754,000
- Square Footage: 6,949 (blended)
The buyers of the residential condominium at 792 Classon Ave are Yong Hwan Moon, Megan Clayer, Simon Howe, Alex Khenkin, Ming Ying Li, Alex Marodkovich, and Jacob Fowler. The seller of the property is @MDevelopmentNYC. Representing the deal was David Avgi from the DavidPrettyBoy agency.
NOTE: David Avgi played a role in facilitating the transaction, ensuring a smooth process for all parties involved.
On the Map
$6,754,000
$971/SF
Condo
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.35%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93