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
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