Elena Liao Acquires Battery Park City Condo From Mikael Nahmias
70 Little West Street, Manhattan, New York, NY, USA
$1,230,000
$1,365/SF
Building Size
901 SF
Asset Type
—
Closing
Aug 30, 2021
AI
Located at 70 Little West St in Battery Park City, this recently sold condo is a prime property with a total area of 901 square feet. The transaction took place on 08/30/2021, with an asking price of $1,275,000. The buyer, Elena Liao, successfully acquired the property for a final sale price of $1,230,000. This translates to a price per square foot of $1,356, showcasing the value and appeal of this condo.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,230,000
- Address: 70 Little West St, Battery Park City
- Buyer: Elena Liao
- Seller: Mikael Nahmias
- Brokers: Morris Saadiyayev & Brian Cushman from RNewYorkBrokers
Morris Saadiyayev and Brian Cushman, representing RNewYorkBrokers, played a crucial role in facilitating this successful deal. Their expertise and negotiation skills contributed to the overall smoothness of the transaction. Both buyers and sellers can rely on their professional guidance when it comes to real estate matters.
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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93