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212 Warren Street, New York...

John Jarecki Acquires Battery Park City Condo For $1.97M
SOLDCondo

John Jarecki Acquires Battery Park City Condo For $1.97M

212 Warren Street, New York, NY 10282

$1,970,000

$1,708/SF

Building Size

1,153 SF

Asset Type

Condo

Closing

Sep 20, 2021

AI

A condo located at 212 Warren Street in Battery Park City has been sold for a price of $1,970,000. The property spans 1,153 square feet, resulting in a price per square foot of $1,708. The transaction took place on September 20, 2021. The seller, David Schwartz, sold the condo to the buyer, John Jarecki.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,970,000
  • Address: 212 Warren Street, Battery Park City
  • Square Footage: 1,153
  • Price per Square Foot: $1,708

The deal was facilitated by Morris Saadiyayev of @RNewYorkBrokers, representing both the buyer and the seller in the transaction.

Players

Morris Saadiyayev

R New York

Broker

$47.2M

vol

15 deals

Broker
David Schwartz

David Schwartz

Seller

$2.9B

vol

42 deals

Seller

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

8.05%

Cash-on-Cash

-2.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93