Updated Dec 21, 2023
Lokos Realty Acquires Mixed-Use Property In East Boston For $1.5M
1020 Bennington St #1022, Boston, Ma 02128, Usa
$1,465,000
$361/SF
Building Size
4,050 SF
Asset Type
Mixed-use
Closing
Feb 27, 2020
About this deal
AI
Located in East Boston, the mixed-use property at 1020-1022 Bennington Street was sold on February 28, 2020. The property spans 4,050 square feet and was sold for a total price of $1,465,000, resulting in a price per square foot of $362.
Summary of Transaction Details
- Property Type: Mixed-use
- Transaction Amount: $1,465,000
- Market: East Boston
The seller of the property was Jamie Russo, while the buyer was Lokos Realty, represented by Julius Sokol and William Gateman.
The mixed use sale at 1020 Bennington St #1022, Boston, Ma 02128, Usa in East Boston, California sold for $1.5M in 2020. The building is 4,050 square feet, implying about 361 per square foot on the published price. Named participants on the 1020 Bennington St #1022, Boston, Ma 02128, Usa sale are Jamie Russo. This page is the East Boston, California file for the 1020 Bennington St #1022, Boston, Ma 02128, Usa mixed use sold: pricing, party profiles, and other closed mixed use comps from the same East Boston sit in the Market section below. Filter that East Boston mixed use set by closing date to see what else sold near 1020 Bennington St #1022, Boston, Ma 02128, Usa around 2020. Published consideration for 1020 Bennington St #1022, Boston, Ma 02128, Usa is $1.5M, dated 2020. Cite this Lokos Realty Acquires Mixed-Use Property In East Boston For $1.5M sale when underwriting similar mixed use product around East Boston, California.
Players
East Boston Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.83%
Cash-on-Cash
-3.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93