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
About this deal
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.
On the Map
$2,650,000
$1,602/SF
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Players
New York CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $2.7M for 1,654 square feet (2020).
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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