Isaac Sredni Acquires Residential Apt In Battery Park City For $3.27M
SOLD
New York
See Similar DealsCo-Op1,691 SF
Sold
SOLD
Isaac Sredni Acquires Residential Apt In Battery Park City For $3.27M
212 Warren Street
See Similar DealsCo-Op1,691 SF
Sold
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.
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Deal Type
30 years
10 years
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
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