Updated Dec 4, 2024
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
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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