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2 W 6th St, Boston, MA, USA

Updated Oct 28, 2024

Vic Llc Acquires Condo In Boston, MA For $1.35M
SOLD

Vic Llc Acquires Condo In Boston, MA For $1.35M

2 W 6th St, Boston, MA, USA

$1,350,000

$642/SF

Building Size

2,100 SF

Asset Type

Closing

Nov 5, 2021

About this deal

AI

An iconic condo located at 2 W 6th St in Boston, MA has been sold in a closed transaction deal. The property is a spacious 2,100 square feet and boasts a prime location in the city.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,350,000
  • Asking Price: $1,445,900
  • Price per Square Foot: $643
  • Buyer: Vic LLC
  • Seller: Eric Schneider
  • Broker: Morgan Franklin - The Morgan Franklin Group - Coldwell Banker Realty

The property was purchased by Vic LLC, with Eric Schneider acting as the seller. Morgan Franklin from The Morgan Franklin Group at Coldwell Banker Realty represented both parties involved in this successful transaction. The sale price reached a final agreement of $1,350,000, which was slightly below the initial asking price of $1,445,900. With a size of 2,100 square feet, the property's price per square foot equates to $643.

Players

Morgan Franklin

Coldwell Banker

Broker

$41.3M

vol

22 deals

Broker
L
LLCBuyer

South Boston CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $642 per square foot on a published $1.4M for 2,100 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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