Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M
SOLD
Massachusetts
See Similar DealsIndustrial6,500 SF
Sold 12/04/2025
SOLD
Tom Mammolito Daniel Glaser Sam Schneider Of Imperium Capital Acquire Industrial Asset In North Reading For $3.5M
79 Concord Street
See Similar DealsIndustrial6,500 SF
Sold 12/04/2025
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
BUYER
BUYER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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