Eric Hediger Acquires Battery Park City Residential Condo For $2.1M
SOLD
$2,100,000
New York
See Similar DealsCondo1,280 SF
Sold
SOLD
Eric Hediger Acquires Battery Park City Residential Condo For $2.1M
212 Warren Street, Manhattan, New York, NY 10282, USA
See Similar DealsCondo1,280 SF
Sold
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1640
Total Square Footage:1280 SF
Transaction Type:Sale
A residential condo located at 212 Warren Street in Battery Park City has been sold for $2,100,000. The property spans 1,280 square feet, resulting in a price per square foot of $1,640. The sale transaction took place on September 24, 2021.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $2,100,000
- Square Footage: 1,280
- Price per Square Foot: $1,640
- Address: 212 Warren Street, Battery Park City
Eric Hediger purchased the residential condo from Ayhan Mizrakci. The deal was facilitated by Morris Saadiyayev and Brian Cushman of R New York, who acted as the brokers in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$112,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86
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