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168 N Water Street

B7 Properties Sells Multifamily Asset At 168 N Water Street Greenwich For $2.45M
SOLDMultiFamily

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

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

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93