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212 Warren Street, Manhatta...

Douglas Elliman Acquires Condo In Battery Park City For $5.3M
SOLDCondo

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

Tara King Brown

The Corcoran Group

Broker

$57.3M

vol

4 deals

Broker

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