Kristen Anderson-Lopez & Robert Lopez Purchase Two Units In Brooklyn For $11.34M
Brooklyn
$11,340,000
Building Size
—
Asset Type
Condo
Closing
Aug 10, 2023
AI
Kristen Anderson-Lopez and Robert Lopez, the renowned songwriting duo behind Disney's "Frozen," have recently purchased two condo units in Brooklyn for a total of approximately $11.34 million. The purchase includes the acquisition of two parking spots and marks a significant investment by the talented couple.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,340,000
- Market: Brooklyn
- Buyer: Kristen Anderson-Lopez & Robert Lopez
While specific details about the condo units such as square footage, address, or any unique characteristics have not been provided, the transaction showcases the couple's interest in expanding their real estate portfolio. Kristen Anderson-Lopez and Robert Lopez's notable success in the music industry, especially their contributions to the hit film "Frozen," have certainly contributed to their ability to make such a substantial purchase.
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
1.40%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93