Michael Byrnes Acquires Commercial Property At 29 South Street In Hudson For $1.9M
29 South Street
$1,900,000
$196/SF
Building Size
9,673 SF
Asset Type
Commercial
Closing
Jun 26, 2026
AI
The asset involved in this transaction is a commercial property located at 29 South Street in Hudson, MA. The sale was finalized for $1,900,000, with the property encompassing a total of 9,673 square feet. The price per square foot for this transaction amounts to $196.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $1,900,000
- Address: 29 South Street
- Market: Hudson, MA
- Square Footage: 9,673
- Price Per Square Foot: $196
- Buyer: Michael Byrnes
- Seller: Nick Pizzimento
- Buyer's Representative: Devin Bailey - Byrnes Commercial
- Seller's Representative: Jeff Similien - Venture Point Commercial Advisors (VPCA)
This transaction successfully involved key individuals in the real estate market. The buyer, Michael Byrnes, was represented by Devin Bailey from Byrnes Commercial, while the seller, Nick Pizzimento, had the representation of Jeff Similien from Venture Point Commercial Advisors (VPCA). The successful negotiation reflects the collaboration among these representatives in finalizing the deal.
Players
Hudson 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93