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
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