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210 Havre Street, East Bost...

DRyan LLC Sells Development Site On Havre St In Boston For $650K
SOLDDevelopment Site

DRyan LLC Sells Development Site On Havre St In Boston For $650K

210 Havre Street, East Boston, Boston, MA 02128, USA

$650,000

$423/SF

Building Size

1,536 SF

Asset Type

Development Site

Closing

Jun 30, 2020

AI

Located in Boston, MA, the property at 210 Havre St recently changed hands in a sale transaction. The asset in question is a development site, offering potential for future growth and development. The sale took place on June 30, 2021, with a purchase price of $650,000.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $650,000
  • Address: 210 Havre St, Boston, MA
  • Seller: DRyan LLC
  • Broker: Will Natoli - Compass

Will Natoli, from Compass, represented both the buyer and seller in this transaction. As the property's broker, Natoli played a crucial role in facilitating the deal and ensuring a successful completion. The property, with a building square footage of 2,500, offers ample space for development opportunities. With a price per building square foot (PPBSF) of $260, the property's potential value becomes apparent.

Players

William Natoli

Compass

Broker

$22.9M

vol

12 deals

Broker

Boston Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

24.40%

Cash-on-Cash

-6.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93