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

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SOLD
$3,275,000

New York

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Co-Op1,691 SF
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Property Image
SOLD

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

212 Warren Street

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Co-Op1,691 SF
Sold
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Summary

NEW YORK
Asset Type:Co-Op
Price Per Square Foot:$1936
Total Square Footage:1691 SF
Transaction Type:Sale

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
15 deals$47.2M volume
BROKER

Brian Cushman
R New York
11 deals$41M volume(212) 688-1000
BROKER

Details

SOLD
IMAGE: Morris Saadiyayev & Brian Cushman DATE: 03/03/2022 ADDRESS: 212 Warren Street, MARKET: Battery Park City ASSET TYPE: Residential Apt BUYER: Isaac Sredni SELLER: Ryan Rafferty & Emily Bronner BROKERS: Morris Saadiyayev (@MorrisNYC) & Brian Cushman - R New York (@RNewYorkBrokers) SALE PRICE: $3,275,000 SF: 1,691 ~ PPSF: $1,936

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

$174,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,635.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,525.17
Annual Debt Service$186,302.05