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8 South 4th Street

Two Trees Management Sells Condo At 8 South 4th Street Brooklyn For $2.45M With Buyer's Rep Nile Lundgren & Sarah Cotty
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Two Trees Management Sells Condo At 8 South 4th Street Brooklyn For $2.45M With Buyer's Rep Nile Lundgren & Sarah Cotty

8 South 4th Street

$2,450,000

$1,727/SF

Building Size

1,418 SF

Asset Type

Condo

Closing

Jul 27, 2025

AI

The property involved in this transaction is a condo located at 8 South 4th Street in Brooklyn. The sale price of the condo was $2,450,000, with a total square footage of 1,418 and a price per square foot of $1,727.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,450,000
  • Square Footage: 1,418
  • Price per Square Foot: $1,727
  • Address: 8 South 4th Street
  • Market: Brooklyn
  • Seller: Two Trees Management
  • Buyer’s Representative: Nile Lundgren & Sarah Cotty - Serhant

The deal was managed by Nile Lundgren and Sarah Cotty, who represented the buyer during the transaction, working on behalf of Serhant. The seller of the property was Two Trees Management, a known entity in the real estate sector.

Players

Nile Lundgren

Serhant

Broker

$81.2M

vol

9 deals

Broker
Serhant
SerhantBrokerage
Two Trees Management
Two Trees ManagementSeller

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

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93