B7 Properties Sells Multifamily Asset At 168 N Water Street Greenwich For $2.45M
168 N Water Street
$2,450,000
$475/SF
Building Size
5,148 SF
Asset Type
MultiFamily
Closing
Jun 3, 2024
AI
The property asset involved in the transaction is a MultiFamily building located at 168 N Water Street in the Greenwich market. The transaction closed on 06/03/2024, with a sale price of $2,450,000.00. The total square footage of the property is 5,148.0 SF.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,450,000.00
- Address: 168 N Water Street
- Market: Greenwich
- Square Footage: 5,148.0
- Seller: b7 Properties
- Broker: Matt Cawley - National Multifamily
This transaction involved key representatives from the brokerage community, specifically Matt Cawley, who represented the brokerage firm National Multifamilyin the sale. The seller, b7 Properties, facilitated the transaction, marking a significant event in the local real estate market.
Players
Greenwich MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93