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272 9th Street

Updated Oct 29, 2024

Osm Investment Company Acquires Multifamily Property In San Francisco For $5.35M With Buyer's Rep Jay Greenberg - Compass
SOLDMultiFamily

Osm Investment Company Acquires Multifamily Property In San Francisco For $5.35M With Buyer's Rep Jay Greenberg - Compass

272 9th Street

$5,350,000

$405/SF

Building Size

13,200 SF

Asset Type

MultiFamily

Closing

Dec 15, 2022

About this deal

AI

The multifamily property located at 272 9th Street in San Francisco has been sold for a total price of $5,350,000. The property consists of 24 units with an average price per unit of $222,917. It spans across 13,200 square feet and the price per square foot is $405.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,350,000
  • Units: 24
  • Price per Unit: $222,917
  • Square Feet: 13,200
  • Price per Square Foot: $405
  • Date: 12/14/2022
  • Buyer: Osm Investment Company - Nathan Rosen
  • Seller: Roger Miles
  • Broker: Jay Greenberg - Compass

Osm Investment Company, represented by Nathan Rosen, purchased the property from Roger Miles. The transaction was facilitated by Jay Greenberg from Compass.

Players

Jay Greenberg

Compass

Broker

$21M

vol

2 deals

Broker

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $405 per square foot on a published $5.4M for 13,200 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.97%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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