Corey Rabin Acquires Condo On 85 Walker St, Tribeca For $1.5M
SOLD
$1,500,000
New York
See Similar DealsCondo2 SF
Sold 11/17/2022
SOLD
Corey Rabin Acquires Condo On 85 Walker St, Tribeca For $1.5M
85 Walker Street, New York City, New York 10013, United States
See Similar DealsCondo2 SF
Sold 11/17/2022
Summary
NEW YORK
Asset Type:Condo
Price Per Square Foot:$750,000
Total Square Footage:2 SF
Transaction Type:Sale
Located at 85 Walker St in Tribeca, this condo was recently sold in a closed transaction. The property spans approximately 2,500 square feet and was listed for sale at a price of $1,500,000. The sale price per square foot was calculated to be $600. The transaction took place on November 17, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,500,000
- Square Footage: 2,500 sqft
- Price per Square Foot: $600
The buyer, Corey Rabin, acquired this condo. The transaction was facilitated by the broker Greg Corbin from Rosewood Realty Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$79,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,329.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,110.77
Annual Debt Service$85,329.18
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