Updated Dec 21, 2023
Boston Trust Realty Group Acquires Industrial Property On Harisson Ave For $3.35M
33 Harrison Ave, Boston, Massachusetts 02111, United States
$3,349,070
$445/SF
Building Size
7,526 SF
Asset Type
Industrial
Closing
Jan 17, 2022
About this deal
AI
The industrial property located at 33 Harrison Ave in Boston, MA has recently been sold in a closed transaction. The sale was facilitated by Judy Cazeau from Boston Trust Realty Group, serving as the broker for the deal. The property spans a total of 7,526 square feet and was sold for a price of $3,349,070, resulting in a price per square foot of $445.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,349,070
- Address: 33 Harrison Ave, Boston, MA
- Broker: Judy Cazeau - Boston Trust Realty Group
- Square Footage: 7,526
- Price per Square Foot: $445
This successful transaction highlights the vibrant real estate market in Boston, MA. Judy Cazeau, representing Boston Trust Realty Group, played a crucial role in bringing together the buyer and seller to complete the deal for the industrial property at 33 Harrison Ave. The transaction demonstrates Cazeau's expertise and ability to navigate complex negotiations in the market.
Players
Boston 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93