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212 Warren Street, Manhatta...

Battery Park City Resi Condo Sold For $2.65M
SOLD

Battery Park City Resi Condo Sold For $2.65M

212 Warren Street, Manhattan, New York, NY, USA

$2,650,000

$1,602/SF

Building Size

1,654 SF

Asset Type

Closing

Jul 28, 2020

AI

The asset involved in this transaction is a residential condominium located at 212 Warren Street, Battery Park City. The asking price was set at $2,775,000, while the final sale price was $2,650,000. The condominium spans a total area of 1,540 square feet, translating to a price per square foot of $1,720.

Summary of transaction details:

  • Property Type: Resi Condo
  • Transaction Amount: $2,650,000
  • Address: 212 Warren Street, Battery Park City
  • Seller: Christan Klotz & Caroline Klotz
  • Broker: Morris Saadiyayev @RNewYorkBrokers
  • Asking Price: $2,775,000
  • Square Footage: 1,540
  • Price Per Square Foot: $1,720

This transaction was represented by broker Morris Saadiyayev from RNewYorkBrokers, who facilitated the deal for the sellers, Christan Klotz and Caroline Klotz.

Players

Morris Saadiyayev

R New York

Broker

$47.2M

vol

15 deals

Broker

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

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93