Jonathan Ben-Ami And Wesley Stanton Close $5.33M Condo Sale On North 3rd Street, Brooklyn
85 North 3rd Street, Brooklyn, New York 11249, United States
$5,330,000
$2,665,000/SF
Building Size
2 SF
Asset Type
Condo
Closing
Sep 11, 2022
About this deal
AI
A condo located at 85-101 North 3rd St. in Brooklyn has been sold for a total price of $5,330,000. The property spans across 2,200 square feet, resulting in a price per square foot of $2,423. The transaction took place on November 9, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,330,000
- Address: 85-101 North 3rd St. Brooklyn
- Square Footage: 2,200
- Price per Square Foot: $2,423
- Buyer's Rep: Jonathan Ben-Ami - Compass
- Seller's Rep: Wesley Stanton - Douglas Elliman
The buyer was represented by Jonathan Ben-Ami from Compass, while Wesley Stanton from Douglas Elliman acted as the seller's representative in this deal.
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
2.98%
Cash-on-Cash
-0.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93