Updated Dec 21, 2023
Ali Koç Acquires Bird Streets SFR For $14.5M With Brokers Amir Jawaherian & Blair Chang
Bird Streets
$14,500,000
$1,447/SF
Building Size
10,016 SF
Asset Type
Single Family Residence
Closing
Nov 16, 2020
About this deal
AI
Ali Koç recently purchased a single-family residence (SFR) located in the Bird Streets market for a staggering price of $14,500,000. The property spans an impressive 10,016 square feet, resulting in a price per square foot (PPSF) of $1,447. Situated in an exclusive neighborhood, this SFR boasts luxurious features and offers a coveted address to its new owner.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $14,500,000
- Square Footage: 10,016
- Price per Square Foot: $1,447
- Market: Bird Streets
- Buyer: Ali Koç
The deal was facilitated by the notable brokers Amir Jawaherian and Blair Chang from The AgencyRE. Their expertise and dedication played a significant role in ensuring a successful transaction, demonstrating their proficiency in the real estate market.
Players
Santa Cruz 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
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93