John Jarecki Acquires Battery Park City Condo For $1.97M
SOLD
$1,970,000
New York
See Similar DealsCondo1,153 SF
Sold 09/20/2021
SOLD
John Jarecki Acquires Battery Park City Condo For $1.97M
212 Warren Street, New York, NY 10282
See Similar DealsCondo1,153 SF
Sold 09/20/2021
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$1,708
Total Square Footage:1,153 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$105,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,998.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,338.81
Annual Debt Service$112,065.66
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