Mayell Real Estate Facilitates $530K Condo Sale In Financial District
1 Wall Street Court, New York, NY 10005
$530,000
$1,060/SF
Building Size
500 SF
Asset Type
—
Closing
Aug 29, 2022
AI
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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
29.93%
Cash-on-Cash
-8.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93