Mayell Real Estate Facilitates $530K Condo Sale In Financial District
SOLD
$530,000
New York
See Similar Deals500 SF
Sold 08/29/2022
SOLD
Mayell Real Estate Facilitates $530K Condo Sale In Financial District
1 Wall Street Court, New York, NY 10005
See Similar Deals500 SF
Sold 08/29/2022
Summary
NEW YORK
Price Per Square Foot:$1,060
Total Square Footage:500 SF
Transaction Type:Sale
A condo located at 1 Wall Street Court in the Financial District has been sold for $530,000. The property spans 500 square feet, resulting in a price per square foot of $1,060. The transaction took place on August 30, 2022. The buyers of the condo are Marcos Panassol, while the seller is Hnin Ei Phyu.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $530,000
- Square Footage: 500 sqft
- Price per Square Foot: $1,060
- Address: 1 Wall Street Court
- Market: Financial District
The brokers involved in this deal were Sarah Cotty, Salvatore Carillo, and Benjamin Mayell from Mayell Real Estate.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$28,266.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,882.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$2,512.47
Annual Debt Service$30,149.64
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