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102 Douglass Street, Brookl...

Updated Feb 20, 2024

Matthew Novogratz Sells Single Family Home In Cobble Hill For $3.725M
SOLDSingle Family Residence

Matthew Novogratz Sells Single Family Home In Cobble Hill For $3.725M

102 Douglass Street, Brooklyn, New York 11231, United States

$3,725,000

$1,826/SF

Building Size

2,040 SF

Asset Type

Single Family Residence

Closing

Sep 14, 2022

About this deal

AI

The property located at 102 Douglass St in Cobble Hill, Brooklyn, was sold by Matthew Novogratz for $3,725,000. The single-family asset spans 2,040 square feet with a price per square foot of $1,825 and a building square footage of 4,000, valued at $931 per square foot. The property features a lot size of 2,000 square feet with a lot dimension of 20 feet by 100 feet. Notably, the asset falls under R6B zoning and has a FAR of 1.02, classified under tax class 1.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $3,725,000
  • Market: Cobble Hill, Brooklyn
  • Zoning: R6B
  • Square Footage: 2,040
  • Price per Square Foot: $1,825
  • Building Square Footage: 4,000
  • Price per Building Square Foot: $931
  • Lot Size: 2,000
  • Lot Dimension: 20 ft x 100 ft
  • Permits: Alteration 1 (02/25/2021)
  • FAR: 1.02
  • Tax Class: 1

The deal on 102 Douglass St involved the seller, Matthew Novogratz, who successfully transacted the property. The transaction, closed on 09/15/2022, signifies a significant real estate exchange in Cobble Hill, Brooklyn. The deal included alterations permitted on 02/25/2021, showcasing dynamic changes in the property before its sale.

Players

Matthew Novogratz

Seller

$7M

vol

2 deals

Seller

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Matthew Novogratz bought a home in New York for $3.7M in 2022. The full closing is on this page.

About $1.8K per square foot on a published $3.7M for 2,040 square feet (2022).

Visit Matthew Novogratz to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.26%

Cash-on-Cash

-1.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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