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33 Commercial Wharf, Boston...

Douglas Elliman Acquires Condo At 33 Commercial Wharf In Boston For $2.15M
SOLD

Douglas Elliman Acquires Condo At 33 Commercial Wharf In Boston For $2.15M

33 Commercial Wharf, Boston, Massachusetts 02110, United States

$2,150,000

$1,130/SF

Building Size

1,902 SF

Asset Type

Closing

May 25, 2022

AI

A condo located at 33 Commercial Wharf in Boston, MA, was recently sold for a total price of $2,150,000. The property spans across 1,902 square feet and has a price per square foot of $1,130. The transaction took place on May 26, 2022.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,150,000
  • Address: 33 Commercial Wharf, Boston, MA
  • Market: Boston, MA
  • Square Footage: 1,902
  • Price per Square Foot: $1,130

Jesse Greenstein from Douglas Elliman, along with Jeff Hamilton and Jamie Gaines from Columbus & Over Group, represented the interested parties in the sale of the condo at 33 Commercial Wharf.

Players

Jesse Greenstein

Douglas Elliman

Broker

$13.7M

vol

6 deals

Broker

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

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93