Marc Resnick Acquires Commercial Property At 149 Pearl Street In Boston For $3,050,000
149 Pearl Street
$3,050,000
$337/SF
Building Size
9,035 SF
Asset Type
Commercial
Closing
Aug 7, 2026
AI
The property asset involved in this transaction is located at 149 Pearl Street, Boston, MA, and is categorized as a commercial asset. The sale price achieved for this property was $3,050,000, with a total square footage of 9,035 and a price per square foot of $337.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $3,050,000
- Address: 149 Pearl Street
- Market: Boston, MA
- Square Footage: 9,035
- Price Per Square Foot: $337
- Buyer: Marc Resnick
- Seller: Jacob Reingardt
- Broker Representatives: Ryan Taylor & Brayden Haney - Fortune Realty
This transaction was facilitated by brokers Ryan Taylor and Brayden Haney, who represented the parties involved. Their agency, Fortune Realty, played a crucial role in the completion of the deal, ensuring all aspects were efficiently managed throughout the process.
Players
Boston Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93