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Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M

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SOLD
$3,500,000

Massachusetts

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Industrial6,500 SF
Sold 12/04/2025
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SOLD

Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M

79 Concord Street

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Industrial6,500 SF
Sold 12/04/2025
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Summary

MASSACHUSETTS
Asset Type:Industrial
Price Per Square Foot:$538
Total Square Footage:6,500 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 79 Concord Street in North Reading, MA. The transaction was finalized for a sale price of $3,500,000. This industrial property spans 6,500 square feet, resulting in a price per square foot of $538.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,500,000
  • Address: 79 Concord Street
  • Market: North Reading, MA
  • Square Footage: 6,500
  • Price Per Square Foot: $538
  • Buyer: Tom Mammolito, Daniel Glaser & Sam Schneider - Imperium Capital
  • Seller: Lillian Montalto
  • Date of Sale: 12/4/2025

The transaction was facilitated by Tom Mammolito, Daniel Glaser, and Sam Schneider, who represent Imperium Capital as the buyers. Lillian Montalto acted as the seller in this deal.

Players

14 deals$73.6M volume
BUYER

BUYER


Lillian Montalto
4 deals$8.8M volume
SELLER

Details

SOLD
IMAGE: Tom Mammolito, Daniel Glaser & Sam Schneider DATE: 12/4/2025 ADDRESS: 79 Concord Street MARKET: North Reading, MA ASSET TYPE: Industrial BUYER: Tom Mammolito, Daniel Glaser & Sam Schneider - Imperium Capital SELLER: Lillian Montalto SALE PRICE: $3,500,000 SF: 6,500 ~ PPSF: $538

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Operating Income
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
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