Updated Oct 29, 2024
Pier 4 Phr NT & Drooker Acquires Boston Condo For $5.95M From Charles R Coyle
300 Pier 4 Blvd. Boston, MA 02210, USA
$5,950,000
$3,006/SF
Building Size
1,979 SF
Asset Type
Condo
Closing
Jul 28, 2023
About this deal
AI
Pier 4 Phr NT and Drooker have acquired a condo in Boston, MA located at 300 Pier 4 Boulevard. The property was purchased from Charles R Coyle for a total price of $5,950,000 on July 28, 2023. The condo spans 1,979 square feet, translating to a price per square foot of $3,007.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,950,000
- Square Footage: 1,979
- Address: 300 Pier 4 Boulevard, Boston, MA
- Market: Boston, MA
In this transaction, Pier 4 Phr NT and Drooker acted as the buyers, while Charles R Coyle served as the seller. Michael Vazza from Compass represented the buyers, acting as their broker. Gregory Agganis represented the seller as their broker's representative. The sale price of $5,950,000 and the size of the condo, 1,979 square feet, highlight the significance of this property transaction.
Players
Boston Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93