Updated Dec 4, 2024
Iconic Real Estate Holdings Acquires Industrial Property In Hyde Park For $2.95M
1 Westinghouse Plaza
$2,950,000
$85/SF
Building Size
34,651 SF
Asset Type
Industrial
Closing
Oct 17, 2023
About this deal
AI
An industrial property located at 1 Westinghouse Plaza in Hyde Park, MA has been sold for a price of $2,950,000. The property spans a total of 34,651 square feet, resulting in a price per square foot of $85. The transaction took place on 10/17/2023.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,950,000
- Square Footage: 34,651
- Price per Square Foot: $85
- Address: 1 Westinghouse Plaza, Hyde Park, MA
- Market: Hyde Park, MA
The buyer of the property is Iconic Real Estate Holdings, while the seller is Oxford Partners. The sale was represented by Jeremy Freid, Tyler Capecci, David Linehan, Adam Meixner, and Meghan Huebner from 128 CRE.
On the Map
$2,950,000
$85/SF
Industrial
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Players
Hyde Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.38%
Cash-on-Cash
-1.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93