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1 Wall Street

Anthony Tennariello Acquires Condo At 1 Wall Street Court In New York City For $520,000
SOLDMultiFamily

Anthony Tennariello Acquires Condo At 1 Wall Street Court In New York City For $520,000

1 Wall Street

$520,000

$0/SF

Building Size

1,165,000 SF

Asset Type

MultiFamily

Closing

Nov 8, 2022

AI

A condo located at 1 Wall Street Court in New York City has been sold in a recent transaction. The property, spanning 500 square feet, was sold for $520,000, resulting in a price per square foot of $1,040. The buyer in this transaction was Anthony Tennariello, while the seller was Jeff Brandon. The deal was facilitated by real estate brokers Sarah Cotty and Benjamin Mayell from Mayell Real Estate.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $520,000
  • SF: 500
  • PPSF: $1,040
  • Buyer: Anthony Tennariello
  • Seller: Jeff Brandon
  • Brokers: Sarah Cotty & Benjamin Mayell - Mayell Real Estate

In this transaction, Sarah Cotty and Benjamin Mayell from Mayell Real Estate represented both the buyer and the seller. They played a crucial role in facilitating the deal and ensuring a successful transaction.

Players

Benjamin Mayell

Mayell Real Estate

Broker

$30.3M

vol

18 deals

Broker

Jeff Brandon

JV Nova Southeastern University

Seller

$25.5M

vol

2 deals

Seller

New York City MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

30.51%

Cash-on-Cash

-8.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93