Updated Oct 28, 2024
Satish K Dharmaraj And Smita Dharmaraj Acquire Store On 1 Steuart Ln In San Francisco For $8.98M
1 Steuart Ln, San Francisco, California, USA
$8,980,000
$1,922/SF
Building Size
4,670 SF
Asset Type
Retail
Closing
Nov 7, 2021
About this deal
AI
The property asset involved in this transaction is a store located at 1 Steuart Ln in San Francisco, CA. The store spans approximately 4,670 square feet and was sold for a total price of $8,980,000. The price per square foot comes out to be $1,923.
Summary of transaction details
- Property Type: Store
- Transaction Amount: $8,980,000
- Address: 1 Steuart Ln
- Market: San Francisco, CA
- Buyer: Satish K Dharmaraj; Smita Dharmaraj
- Seller: 75 Howard Owner Lp
- Square Footage: 4,670
- Price per Square Foot: $1,923
The buyer in this transaction is Satish K Dharmaraj and Smita Dharmaraj. The seller is 75 Howard Owner Lp.
Players
San Francisco Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.77%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93