Updated Dec 20, 2023
Simcha J. Weller Acquires Other Residential & Commercial Property In Boston, MA For $4.85M
31 Phillips Street, Boston, Massachusetts 02114, United States
$4,855,000
$927/SF
Building Size
5,234 SF
Asset Type
Commercial
Closing
Jan 13, 2022
About this deal
AI
Located at 31 Phillips St in Boston, MA, this property is a combination of residential and commercial spaces. The property was recently sold on January 14, 2022.
Summary of transaction details:
- Property Type: Other Residential & Commercial
- Transaction Amount: $4,855,000
- Square Footage: 5,234
- Price per Square Foot: $927
The buyer in this transaction was Simcha J. Weller, represented by their broker. On the other hand, the seller was Michelle Nolan.
The commercial sale at 31 Phillips Street, Boston, Massachusetts 02114, United States in Boston, Massachusetts sold for $4.9M in 2022. The building is 5,234 square feet, implying about 927 per square foot on the published price. This page is the Boston, Massachusetts file for the 31 Phillips Street, Boston, Massachusetts 02114, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Boston sit in the Market section below. Filter that Boston commercial set by closing date to see what else sold near 31 Phillips Street, Boston, Massachusetts 02114, United States around 2022. Published consideration for 31 Phillips Street, Boston, Massachusetts 02114, United States is $4.9M, dated 2022. Cite this Simcha J. Weller Acquires Other Residential & Commercial Property In Boston, MA For $4.85M sale when underwriting similar commercial product around Boston, Massachusetts.
Players
Boston Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
Loading comparables…
Deal FAQ
About $927 per square foot on a published $4.9M for 5,234 square feet (2022).
Browse Massachusetts commercial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.27%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93