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2006 Washington Street

Updated Dec 4, 2024

A79 Trust Co. Acquires Co-op On Washington St. San Francisco For $19M
SOLD

A79 Trust Co. Acquires Co-op On Washington St. San Francisco For $19M

2006 Washington Street

Building Size

Asset Type

Closing

Dec 16, 2022

About this deal

AI

The Co-op located at 2006 Washington Street in San Francisco was successfully sold for $19,000,000. Spanning 7,800 square feet, the property was acquired by A79 Trust Company from Susan & William Oberndorf.

Summary of transaction details:

  • Property Type: Co-op
  • Transaction Amount: $19,000,000
  • Address: 2006 Washington Street, San Francisco
  • Square Footage: 7,800
  • Price per Square Foot: $2,436

Mary Lou Castellanos from Sotheby’s International Realty represented the buyer, A79 Trust Company, in this transaction. On the seller's side, Gregg Lynn, also from Sotheby’s International Realty, acted as the seller's representative in the deal.

Players

AC
A79 Trust CompanyBuyer

Susan Oberndorf

Seller

$19M

vol

2 deals

Seller

San Francisco CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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