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1334 76 Beach Street Philad...

Updated Oct 29, 2024

GoldOller RealEstate Investments Acquires Office Building In Philadelphia For $12M
SOLDOffice

GoldOller RealEstate Investments Acquires Office Building In Philadelphia For $12M

1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa

$12,000,000

Building Size

Asset Type

Office

Closing

Apr 26, 2023

About this deal

AI

$12,000,000

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $12,000,000

The property involved in this transaction is an office located at 1334-76 Beach St in Philadelphia, PA. The sale date was on 04/26/2023. The buyer, GoldOller RealEstate Investments, purchased the property for $12,000,000.

Please note that no additional information is available regarding this transaction.

The office sale at 1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa in Philadelphia, Pennsylvania sold for $12M in 2023. 1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa is classified as Office on Traded. This page is the Philadelphia, Pennsylvania file for the 1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa office sold: pricing, party profiles, and other closed office comps from the same Philadelphia sit in the Market section below. Filter that Philadelphia office set by closing date to see what else sold near 1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa around 2023. Published consideration for 1334 76 Beach Street Philadelphia, Pennsylvania 19125, Usa is $12M, dated 2023. Cite this GoldOller RealEstate Investments Acquires Office Building In Philadelphia For $12M sale when underwriting similar office product around Philadelphia, Pennsylvania.

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Philadelphia Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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