B7 Properties Sells Multifamily Asset At 180 N Water St Greenwich For $1.9M
180 N Water St
$1,900,000
$495/SF
Building Size
3,838 SF
Asset Type
MultiFamily
Closing
Nov 17, 2023
AI
The property asset involved in this transaction is located at 180 N Water St in the Greenwich market. This MultiFamily asset was sold for $1,900,000.00, encompassing a total square footage of 3,838.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,900,000.00
- Address: 180 N Water St
- Market: Greenwich
- Square Footage: 3,838.0
- Seller: b7 Properties
- Broker: Matt Cawley - National Multifamily
- Date of Sale: 11/17/2023
This transaction involved key individuals and companies, highlighting the representation by Matt Cawley, who acted on behalf of the National Multifamilyagency in this deal with the seller, b7 Properties.
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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93