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
$4,825,000
Building Size
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Asset Type
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Closing
Jan 10, 2022
AI
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.
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
3.29%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93