Alex Barrett Of Hudson Companies Sells Retail Condo At 1 Clinton Street For $635,000
SOLD
$635,000
New York
See Similar DealsRetail953 SF
Sold 07/30/2024
SOLD
Alex Barrett Of Hudson Companies Sells Retail Condo At 1 Clinton Street For $635,000
1 Clinton Street
See Similar DealsRetail953 SF
Sold 07/30/2024
Summary
NEW YORK
Asset Type:Retail
Price Per Square Foot:$666
Total Square Footage:953 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail condo located at 1 Clinton Street in the Brooklyn Heights market. The sale price was $635,000, covering an area of 953 square feet, which results in a price per square foot of $666.
Summary of transaction details:
- Property Type: Retail Condo
- Transaction Amount: $635,000
- Square Footage: 953
- Price per Square Foot: $666
- Seller: Alex Barrett - Hudson Companies
- Broker Representatives: Matthew Cosentino & Rémi Norris - Terra CRG
- Date of Sale: 7/29/2024
The deal featured Alex Barrett from Hudson Companies as the seller. The transaction was brokered by Matthew Cosentino and Rémi Norris from Terra CRG, facilitating the sale of the retail condo.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$33,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$2,256.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$3,010.22
Annual Debt Service$36,122.69
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