S-1595 Blue Hill AVe RT Acquires Commercial Property In Mattapan For $4.2M
1595 Blue Hill Avenue #1609, Boston, Ma 02126, Usa
$4,200,000
$6/SF
Building Size
612,960 SF
Asset Type
Other
Closing
Feb 1, 2019
AI
A commercial property located at 1595-1609 Blue Hill Ave in Mattapan has been sold for a price of $4,200,000. The property spans a total area of 61,296 square feet, resulting in a price per square foot of $68.51. The transaction took place in an urban market.
Summary of transaction details
- Property Type: Commercial
- Transaction Amount: $4,200,000
- Square Footage: 61,296
- Price per Square Foot: $68.51
The seller of the property was 1595 Blue Hill Ave LLC, while the buyer was S-1595 Blue Hill Ave RT. The brokerage representative involved in the deal was Jeff Similien from Jeff Similien Agency.
Players
Mattapan Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93