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49-51 D Street

Coldwell Banker Acquires Development Site On D Street In Boston For $7.48M
SOLDDevelopment Site

Coldwell Banker Acquires Development Site On D Street In Boston For $7.48M

49-51 D Street

$7,480,000

Building Size

Asset Type

Development Site

Closing

Aug 30, 2022

AI

A development site located at 49-51 D Street in Boston, MA, was sold for $7,480,000. The asset spans approximately 14,541 square feet, resulting in a price per square foot of $514.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $7,480,000
  • Address: 49-51 D Street
  • Market: Boston, MA
  • BSF: 14,541
  • PPBSF: $514

Dylan Costello from Coldwell Banker represented the broker in this transaction. He can be contacted via email at [email protected] or by phone at (617) 642-2061.

Players

Dylan Costello

Coldwell Banker

Broker

$17.6M

vol

8 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

2.12%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93