Todd Glaskin Of Coldwell Banker Realty Acquires Land In Brookline, MA For $4.5M
80 Vernon Street, Brookline, Massachusetts 02446, United States
$4,475,000
$745,833/SF
Building Size
6 SF
Asset Type
—
Closing
Jan 23, 2023
AI
Located in Brookline, MA, this recently closed property transaction involves a land asset situated at 80 Vernon St. The sale was facilitated by Todd Glaskin from Coldwell Banker Realty - Newton. The transaction took place on 01/23/2023, and the property was sold for a price of $4,475,000. The land spans an area of 6,926 square feet, resulting in a price per square foot of $646.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $4,475,000
- Date: 01/23/2023
- Address: 80 Vernon St
- Market: Brookline, MA
- Broker: Todd Glaskin - Coldwell Banker Realty - Newton
- Square Footage: 6,926
- Price per Square Foot: $646
Todd Glaskin from Coldwell Banker Realty - Newton played a vital role in the successful completion of this transaction, representing the parties involved. The sale of this land asset showcases the thriving real estate market in Brookline, MA, with the property achieving a significant price per square foot at $646. The deal signifies the value and potential this land holds for future development projects.
Players
Brookline CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.54%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93