facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

901-903 Pine Street, San Fr...

David Chesnosky, Mark Bonn & Mirella Webb Sell Lower Nob Hill Multifamily For $14.3M
SOLDMultiFamily

David Chesnosky, Mark Bonn & Mirella Webb Sell Lower Nob Hill Multifamily For $14.3M

901-903 Pine Street, San Francisco, California 94108, United States

$14,300,000

Building Size

Asset Type

MultiFamily

Closing

Sep 8, 2022

AI

901-903 Pine Street, a multifamily property located in Lower Nob Hill, San Francisco, was recently sold for a price of $14,300,000. The transaction took place on 09/09/2022, with a total of 37 units. The price per unit was $386,486, reflecting the market value of the property.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $14,300,000
  • Address: 901-903 Pine Street
  • Market: Lower Nob Hill, San Francisco
  • Units: 37
  • Price per Unit: $386,486
  • Brokers: David Chesnosky, Mark Bonn & Mirella Webb

The deal was facilitated by the brokers David Chesnosky, Mark Bonn, and Mirella Webb. Their expertise and representation were instrumental in finalizing the transaction. With their assistance, the parties involved in the deal were able to navigate the negotiation process and reach a successful agreement.

Players

David Chesnosky

Compass

Broker

$14.3M

vol

1 deal

Broker

San Francisco MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93