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205-207 Boylston Street, Ja...

First Baptist Church Of Jamaica Plain Leases Mixed-Use Space In Jamaica Plain
LEASEDMixed-use

First Baptist Church Of Jamaica Plain Leases Mixed-Use Space In Jamaica Plain

205-207 Boylston Street, Jamaica Plain, Boston, MA, USA

Building Size

1,800 SF

Asset Type

Mixed-use

Closing

Aug 9, 2020

AI

The First Baptist Church of Jamaica Plain has leased a mixed-use property located at 205-207 Boylston Street in the Jamaica Plain market. The lease transaction was facilitated by Amilton "Milton" Baptista of Closing Table Group, a representative from Keller Williams Boston Metro. The property offers approximately 1,800 square feet of space, and the asking rent was $24 per square foot.

Summary of transaction details:

  • Property Type: Mixed-use
  • Tenant: The First Baptist Church of Jamaica Plain
  • Address: 205-207 Boylston Street
  • Market: Jamaica Plain
  • Broker: Amilton "Milton" Baptista - Closing Table Group - Keller Williams Boston Metro
  • Asking Rent: $24/ft.

Amilton "Milton" Baptista, representing Closing Table Group of Keller Williams Boston Metro, played a key role in facilitating the lease agreement for The First Baptist Church of Jamaica Plain. The deal highlights the demand for mixed-use properties in the Jamaica Plain market and the importance of an experienced broker in negotiating favorable terms for tenants.

Players

Amilton Baptista

Keller Williams Realty

Broker

$250K

vol

6 deals

Broker

Boston Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93