Updated Oct 28, 2024
Jed Cairo Acquires SFR In Cobble Hill For $10.8M
169 Congress Street, Brooklyn, New York 11201, United States
$10,800,000
$2,160/SF
Building Size
5,000 SF
Asset Type
Single Family Residence
Closing
Jun 28, 2022
About this deal
AI
The property asset involved in this closed transaction is a single-family residence located at 169 Congress Street in the Cobble Hill market. The property spans approximately 5,000 square feet and was sold for a total price of $10,800,000, resulting in a price per square foot of $2,160.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $10,800,000
- Address: 169 Congress Street
- Market: Cobble Hill
The buyer in this transaction is Jed Cairo, while the seller is Venice II LLC.
The single family residence sale at 169 Congress Street, Brooklyn, New York 11201, United States in New York, New York sold for $10.8M in 2022. The building is 5,000 square feet, implying about 2.2K per square foot on the published price. This page is the New York, New York file for the 169 Congress Street, Brooklyn, New York 11201, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same New York sit in the Market section below. Filter that New York single family residence set by closing date to see what else sold near 169 Congress Street, Brooklyn, New York 11201, United States around 2022. Published consideration for 169 Congress Street, Brooklyn, New York 11201, United States is $10.8M, dated 2022. Cite this Jed Cairo Acquires SFR In Cobble Hill For $10.8M sale when underwriting similar single family residence product around New York, New York.
Players
New York Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $10.8M for 5,000 square feet (2022).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93