John Walsh Acquires Resi Condo In Battery Park City For $2.85M
SOLD
New York
See Similar Deals1,484 SF
Sold
SOLD
John Walsh Acquires Resi Condo In Battery Park City For $2.85M
2 River Terrace, Manhattan, New York, NY, USA
See Similar Deals1,484 SF
Sold
Summary
NEW YORK
Price Per Square Foot:$1,920
Total Square Footage:1,484 SF
Transaction Type:Sale
A residential condominium located at 2 River Terrace in Battery Park City was recently sold for $2,850,000. The property has a total area of 1,587 square feet, resulting in a price per square foot of $1,796. The transaction took place on June 8, 2021.
Summary of transaction details
- Property Type: Resi Condo
- Transaction Amount: $2,850,000
The buyer of the property was John Walsh, while the sellers were Gina and Jacky Aizenman. The representatives involved in the deal were Morris Saadiyayev and Brian Cushman from RNewYorkBrokers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$151,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45
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