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15 Beech St

B7 Properties Sells MultiFamily Asset At 15 Beech St Greenwich For $1.95M
SOLDMultiFamily

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

Matt Cawley

National Multifamily

Broker

$50.7M

vol

13 deals

Broker
bP
b7 PropertiesSeller

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