TriBeCa Residential Condo At 101 Warren Street Acquired For $4.8M By Spire Real Estate & The Corcoran Group
SOLD
$4,825,000
New York
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SOLD
TriBeCa Residential Condo At 101 Warren Street Acquired For $4.8M By Spire Real Estate & The Corcoran Group
101 Warren Street, New York City, New York 10007, United States
See Similar DealsSold
Summary
NEW YORK
Transaction Type:Sale
A residential condo located at 101 Warren Street in TriBeCa was recently sold for a price of $4,825,000. The property is characterized by its prime location in the TriBeCa neighborhood, offering convenient access to various amenities and attractions.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $4,825,000
- Address: 101 Warren Street, TriBeCa
The buyer's representative in this transaction was Kiran Mummidichetty from Spire Real Estate. On the other hand, the sellers, Mark Schoenfeld and Joseph Pullen, were represented by The Corcoran Group. Their expertise and negotiation skills were instrumental in completing this successful sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$257,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,142.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,872.96
Annual Debt Service$274,475.54
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