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80 Vernon Street, Brookline...

Todd Glaskin Of Coldwell Banker Realty Acquires Land In Brookline, MA For $4.5M
SOLD

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

Todd Glaskin

Coldwell Banker

Broker

$109.8M

vol

23 deals

Broker

Brookline 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

3.54%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93