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Battery Park City Resi Condo Sold For $2.65M

Property Image
SOLD
$2,650,000

New York

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1,654 SF
Sold
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Property Image
SOLD

Battery Park City Resi Condo Sold For $2.65M

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

See Similar Deals
1,654 SF
Sold
Contact now

Summary

NEW YORK
Price Per Square Foot:$1602
Total Square Footage:1654 SF
Transaction Type:Sale

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
15 deals$47.2M volume
BROKER

Tara King Brown
The Corcoran Group
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Deepti Mittal
Douglas Elliman
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Details

SOLD
IMAGE: Morris Saadiyayev DATE: 07/28/2021 ADDRESS: 212 Warren Street, MARKET: Battery Park City ASSET TYPE: Resi Condo SELLER: Christan Klotz & Caroline Klotz BROKER: Morris Saadiyayev (@MorrisNYC) @RNewYorkBrokers ASKING PRICE: $2,775,000 SALE PRICE: $2,650,000 SF: 1,540 ~ PPSF: $1,720

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$141,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,414.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,562.35
Annual Debt Service$150,748.22