Helder Brandao Buys Industrial Property On Hyde Park Avenue For $4.8M
1217 Hyde Park Avenue
$4,800,000
$184/SF
Building Size
26,000 SF
Asset Type
Industrial
Closing
Apr 19, 2024
AI
The industrial property located at 1217 Hyde Park Avenue in Hyde Park, MA, was successfully sold in a recent transaction. The property spans 26,000 square feet and was sold for $4,800,000, translating to a price per square foot of $185.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,800,000
- Seller: Chris Lydon
- Buyer: Helder Brandao
- Buyer's Representative: Huguens Pierre-Charles - Thumbprint Realty
- Seller's Representative: Chris Lydon - William Raveis Real Estate
The deal was facilitated with Helder Brandao acquiring the industrial property from Chris Lydon. Huguens Pierre-Charles from Thumbprint Realty represented the buyer, while the seller was represented by Chris Lydon from William Raveis Real Estate. The transaction was successfully completed in April 2024.
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93