John Walsh Acquires Resi Condo In Battery Park City For $2.85M
2 River Terrace, Manhattan, New York, NY, USA
$2,850,000
$1,920/SF
Building Size
1,484 SF
Asset Type
—
Closing
Jun 7, 2021
About this deal
AI
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.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $2.9M for 1,484 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.57%
Cash-on-Cash
-1.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93