Updated Oct 29, 2024
A79 Trust Company Acquires Co-op In San Francisco From Susan & William Oberndorf For $19M
2006 Washington Street, San Francisco, California 94109, United States
$19,000,000
$2,714,285/SF
Building Size
7 SF
Asset Type
Other
Closing
Dec 16, 2022
About this deal
AI
The co-op located at 2006 Washington Street in San Francisco has been sold for a total price of $19,000,000. The property spans across 7,800 square feet, resulting in a price per square foot of $2,436. The buyer of this transaction is the A79 Trust Company, while the sellers are Susan and William Oberndorf. Sotheby's International Realty represented both parties in this deal, with Mary Lou Castellanos serving as the buyer's representative and Gregg Lynn representing the sellers.
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
Gregg Lynn, from Sotheby’s International Realty, represented the sellers, Susan and William Oberndorf. Mary Lou Castellanos, also from Sotheby’s International Realty, was the buyer's representative for the A79 Trust Company.
Players
San Francisco Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93