facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Industrial

/

Sale

/

1735 Central Street

Drake Melvin Purchases Industrial Asset At 1735 Central Street Stoughton For $2,539,000
SOLDIndustrial

Drake Melvin Purchases Industrial Asset At 1735 Central Street Stoughton For $2,539,000

1735 Central Street

$2,539,000

$133/SF

Building Size

19,000 SF

Asset Type

Industrial

Closing

May 15, 2026

AI

The property asset involved in this transaction is an industrial facility located at 1735 Central Street in Stoughton, MA. The sale was completed for a price of $2,539,000. The total square footage of the asset measures 19,000 square feet, leading to a price per square foot of $133.

Summary of transaction details:

Key individuals involved in the transaction include seller Jim Horowitz and buyer Drake Melvin, with brokerage representation provided by Brendan Conway from Horvath & Tremblay and Miguel Encarnacion from Ellis Realty Advisors.

Players

Brendan Conway

Horvath & Tremblay

Broker

$37.2M

vol

7 deals

Broker

Drake Melvin

Buyer

$2.5M

vol

1 deal

Buyer

Jim Horowitz

Seller

$2.5M

vol

1 deal

Seller

Stoughton Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.25%

Cash-on-Cash

-1.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93