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212 Warren Street

Isaac Sredni Acquires Residential Apt In Battery Park City For $3.27M
SOLDCo-Op

Isaac Sredni Acquires Residential Apt In Battery Park City For $3.27M

212 Warren Street

$3,275,000

$1,936/SF

Building Size

1,691 SF

Asset Type

Co-Op

Closing

Mar 3, 2022

AI

The residential apartment located at 212 Warren Street, Battery Park City has been sold for a price of $3,275,000. The transaction took place on 03/03/2022. The property has a total square footage of 1,691, resulting in a price per square foot of $1,936.

Summary of transaction details

  • Property Type: Residential Apartment
  • Transaction Amount: $3,275,000
  • Date: 03/03/2022
  • Address: 212 Warren Street, Battery Park City
  • Buyer: Isaac Sredni
  • Seller: Ryan Rafferty & Emily Bronner
  • Brokers: Morris Saadiyayev & Brian Cushman - R New York

The deal was facilitated by Morris Saadiyayev and Brian Cushman of R New York, who represented both the buyer and the seller. They played a crucial role in ensuring a successful transaction for all parties involved.

Players

Morris Saadiyayev

R New York

Broker

$47.2M

vol

15 deals

Broker

New York Co-Op Market Snapshot

Boundary boundary · Co-Op · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.84%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93