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2047 Fillmore Street

Updated Aug 21, 2026

Neil Mehta Acquires 2035-2047 Fillmore Street Retail Property In San Francisco For $8.6M
SOLDRetail

Neil Mehta Acquires 2035-2047 Fillmore Street Retail Property In San Francisco For $8.6M

2047 Fillmore Street

$8,600,000

Building Size

Asset Type

Retail

Closing

Aug 19, 2026

About this deal

AI

The retail property located at 2035-2047 Fillmore Street in San Francisco has been acquired by Neil Mehta for $8,600,000. This transaction adds a significant asset to his portfolio, which now consists of at least seven properties with cumulative acquisitions and renovations exceeding $50 million.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,600,000
  • Buyer: Neil Mehta
  • Address: 2035-2047 Fillmore Street
  • Market: San Francisco, CA

The Upper Fillmore Revitalization Project, led by venture capitalist Neil Mehta, is taking significant steps to reshape the Upper Fillmore corridor. The project aims to consolidate four vacant storefronts into a single restaurant space, demonstrating a commitment to revitalizing the area.

Players

Neil Mehta

Buyer

$8.6M

vol

1 deal

Buyer

Fillmore 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

1.84%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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