Updated Oct 29, 2024
Clay Street Holdings Acquires San Francisco Single Family Home For $19.2M
San Francisco, California, United States
$19,200,000
$1,580/SF
Building Size
12,150 SF
Asset Type
Single Family Residence
Closing
Oct 13, 2022
About this deal
AI
Jen Rubio, co-founder of luggage company Away, and Stewart Butterfield, co-founder of workplace messaging app Slack, have sold their single-family property in San Francisco, CA. The sale was facilitated by Neil Bassi of Sotheby's International Realty. The property, spanning approximately 8,000 square feet, was purchased by Clay Street Holdings LLC for a total of $19,200,000. This translates to a price per square foot of $2,400.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $19,200,000
- Market: San Francisco, CA
- Buyer: Clay Street Holdings LLC
- Seller: Stewart Butterfield (Slack), Jen Rubio (Away)
- Broker: Neil Bassi - Sotheby's International Realty
This transaction marks the successful sale of the property previously owned by Jen Rubio and Stewart Butterfield. The sale was brokered by Neil Bassi of Sotheby's International Realty, who facilitated the deal between the buyer, Clay Street Holdings LLC, and the sellers. The property, located in San Francisco, CA, boasts a generous size of approximately 8,000 square feet.
Players
San Francisco Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · 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