Eric Wattenberg Acquires Battery Park City Resi Condo For $4.995M
SOLD
$4,995,000
New York
See Similar Deals1,280 SF
Sold
SOLD
Eric Wattenberg Acquires Battery Park City Resi Condo For $4.995M
212 Warren Street, Manhattan, New York, NY 10282, USA
See Similar Deals1,280 SF
Sold
Summary
NEW YORK
Price Per Square Foot:$3902
Total Square Footage:1280 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,400.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,746.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,678.85
Annual Debt Service$284,146.18
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