Finollo Leases 4800 Square Feet At 368 W Broadway In South Boston From 376 West Broadway Enterprises
368 W Broadway, Boston, MA, 02127
Building Size
4,800 SF
Asset Type
—
Closing
Oct 18, 2016
AI
This lease transaction involves a commercial property located at 368 W Broadway, Boston, MA, 02127, situated in the South Boston market. The space comprises 4,800 square feet and is associated with the landlord, 376 West Broadway Enterprises.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 368 W Broadway, Boston, MA, 02127
- Market: South Boston
- Landlord's Representative: Faith Hope Consolo-Douglas Elliman
- Tenant: Finollo
- Landlord: 376 West Broadway Enterprises
- Square Feet: 4800
The key individuals involved in this transaction include the landlord's representative, Faith Hope Consolo from Douglas Elliman, and the tenant, Finollo, who has secured this space for leasing within the South Boston area.
South Boston CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93