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San Francisco, California, ...

Updated Oct 29, 2024

Clay Street Holdings Acquires San Francisco Single Family Home For $19.2M
SOLDSingle Family Residence

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

Sotheby's International Realty
Sotheby's International RealtyBrokerage

San Francisco Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $19.2M for 12,150 square feet (2022).

Visit Sotheby's International Realty to view all their deals.

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

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