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1 Wall Street Court, New Yo...

Mayell Real Estate Facilitates $530K Condo Sale In Financial District
SOLD

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

Benjamin Mayell

Mayell Real Estate

Broker

$30.3M

vol

18 deals

Broker

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