Douglas Elliman Acquires Condo In Battery Park City For $5.3M
212 Warren Street, Manhattan, New York, NY, USA
$5,300,000
$1,789/SF
Building Size
2,962 SF
Asset Type
Condo
Closing
Aug 19, 2021
AI
Located at 212 Warren Street in Battery Park City, this condominium property was recently sold for a price of $5,300,000. The property spans an impressive 2,962 square feet, with a price per square foot of $1,789. The sale took place on August 19, 2021, and the property is classified as a Condo with zoning designation BPC. The lot size is 14,500 square feet, with dimensions of 196.58 ft x 71.5 ft. The property's floor area ratio (FAR) is 19.95, and it falls under tax class 2.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,300,000
- Square Footage: 2,962
- Price per Square Foot: $1,789
- Address: 212 Warren Street, Battery Park City
- Zoning: BPC
- Lot Size: 14,500 square feet
- Lot Dimensions: 196.58 ft x 71.5 ft
- Floor Area Ratio (FAR): 19.95
- Tax Class: 2
The transaction was facilitated by Deepti Mittal from Douglas Elliman, who represented the buyer, while Tara King Brown from Corcoran Group acted as the seller's representative. These individuals played key roles in ensuring the successful completion of the deal.
Players
New York Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93