Eric Wattenberg Acquires Battery Park City Resi Condo For $4.995M
212 Warren Street, Manhattan, New York, NY 10282, USA
$4,995,000
$3,902/SF
Building Size
1,280 SF
Asset Type
—
Closing
Jul 23, 2020
About this deal
AI
Located at 212 Warren Street in Battery Park City, this residential condo was recently sold in a closed transaction. The property spans 2,481 square feet, offering a spacious living space for its residents. The sale took place on July 23, 2021, with a sale price of $4,995,000.
Summary of transaction details:
- Property Type: Residential Condo
- Transaction Amount: $4,995,000
Eric Wattenberg purchased the property from Mohamed Beih. Represented by Morris Saadiyayev and Brian Cushman, Eric Wattenberg had professional guidance throughout the deal. The asking price and the final sale price were both $4,995,000, resulting in a price per square foot (PPSF) of $2,013.
Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $3.9K per square foot on a published $5M for 1,280 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.18%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93