Updated Sep 5, 2024
Galaxy Capital Provides $85M Loan For Condo Inventory Investment At 47-55 Lagrange Street In Boston, MA
47-55 Lagrange Street
$85,000,000
$541/SF
Building Size
157,000 SF
Asset Type
Condo
Closing
Jun 13, 2023
About this deal
AI
A condo located at 47-55 Lagrange Street in Boston, MA, was involved in a closed transaction. The condo has a total square footage of 157,000 and was sold recently. No additional information about the property is available.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: N/A
- Address: 47-55 Lagrange Street, Boston, MA
- Market: Boston, MA
- Broker: Henry Bodek - Galaxy Capital
- Loan Amount: $85,000,000
- Loan Terms: Condo Inventory Loan
In this transaction, the condo at 47-55 Lagrange Street was financed with a loan amount of $85,000,000. The loan terms specify that it's a Condo Inventory Loan. No additional information about the deal, sellers, buyers, or tenants is available.
Players
Boston Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
Loading comparables…
Deal FAQ
Visit Henry Bodek to view all their deals.
Browse Boston condo loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.19%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93