B7 Properties Sells MultiFamily Asset At 15 Beech St Greenwich For $1.95M
15 Beech St
$1,950,000
$455/SF
Building Size
4,281 SF
Asset Type
MultiFamily
Closing
Aug 23, 2024
AI
The asset involved in the transaction is a MultiFamily property located at 15 Beech St in the Greenwich market. The property was sold for a transaction amount of $1,950,000.00 and comprises a total square footage of 4,281.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,950,000.00
- Address: 15 Beech St
- Market: Greenwich
- Square Footage: 4,281.0
- Seller: b7 Properties
- Broker: Matt Cawley - National Multifamily
- Sale Date: 08/23/2024
Matt Cawley represented the seller, b7 Properties, in this transaction, facilitating the deal within the National Multifamilysector.
Players
Greenwich MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93