First Pacific Financial Refinances Mixed-Use Property In Mission District For $7.3M
2501 Bryant Street, San Francisco, California 94110, United States
$7,279,000
$282/SF
Building Size
25,815 SF
Asset Type
Mixed-use
Closing
Apr 3, 2022
AI
The mixed-use property located at 2501 Bryant St. in the Mission District has been involved in a loan transaction. The property spans approximately 25,815 square feet and is situated in a vibrant market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,279,000
- Date: 04/04/2022
- Loan Type: Refinance
- Loan Terms: 3.55%, 10 year fixed, 3 years IO
- Lender: First Pacific Financial
- Landlord: Alan Pomerantz
- Brokers: Joe Mercado & Grant Feitshans - First Pacific Financial
The loan amount for this transaction is $7,279,000, and it has been refinanced with a loan type of refinance. The loan terms include an interest rate of 3.55%, a fixed rate for 10 years, and a 3-year interest-only period.
Players
San Francisco Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.18%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93