Pier 4PHF Realty Trust Acquires Condo In Boston, MA For $5.5M
300 Pier 4 Boulevard, Boston, MA 02210, USA
$5,495,000
$3,041/SF
Building Size
1,807 SF
Asset Type
—
Closing
Sep 7, 2021
AI
A condo located at 300 Pier 4 Blvd in Boston, MA has been sold in a recent transaction. The property, captured in an image by Vincent Rizzo, was acquired by Pier 4PHF Realty Trust from the seller, Tishman Speyer.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,495,000
- Address: 300 Pier 4 Blvd, Boston, MA
- Square Footage: 1,807
- Price per Square Foot: $3,041
The deal was facilitated by Vincent Rizzo from Keller Williams Boston-Metro, who represented the buyer, Pier 4PHF Realty Trust, in the transaction.
Players
Boston CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.89%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93