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639 Warren St Boston, MA 02...

Updated Oct 29, 2024

Colliers International Sells Development Site In Roxbury, MA For $3.2M
SOLDDevelopment Site

Colliers International Sells Development Site In Roxbury, MA For $3.2M

639 Warren St Boston, MA 02121, USA

$3,200,000

$97/SF

Building Size

32,702 SF

Asset Type

Development Site

Closing

Jun 7, 2023

About this deal

AI

A development site located at 639 Warren St in Roxbury, MA has been sold for a total price of $3,200,000. The property spans across 32,702 square feet, resulting in a price per square foot of $98.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $3,200,000
  • SF: 32,702
  • PPSF: $98
  • Address: 639 Warren St, Roxbury, MA
  • Seller's Representative: Kendin Carr - Colliers International

Kendin Carr from Colliers International represented the seller in this transaction.

The development site sale at 639 Warren St Boston, MA 02121, USA in Boston, Massachusetts sold for $3.2M in 2023. The building is 32,702 square feet, implying about 97 per square foot on the published price. Kendin Carr, Colliers appear on the sale alongside Colliers. This page is the Boston, Massachusetts file for the 639 Warren St Boston, MA 02121, USA development site sold: pricing, party profiles, and other closed development site comps from the same Boston sit in the Market section below. Filter that Boston development site set by closing date to see what else sold near 639 Warren St Boston, MA 02121, USA around 2023. Published consideration for 639 Warren St Boston, MA 02121, USA is $3.2M, dated 2023. Cite this Colliers International Sells Development Site In Roxbury, MA For $3.2M sale when underwriting similar development site product around Boston, Massachusetts.

Players

Kendin Carr

Colliers

Broker

$13.3M

vol

4 deals

Broker

Boston Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

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Deal FAQ

About $97 per square foot on a published $3.2M for 32,702 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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