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11-17 Newbury St, Quincy, M...

Boston Trust Realty Group And MIG Realty Sell Mixed-Use Property On Newbury St In Quincy, MA For $2.65M
SOLDMixed-use

Boston Trust Realty Group And MIG Realty Sell Mixed-Use Property On Newbury St In Quincy, MA For $2.65M

11-17 Newbury St, Quincy, Massachusetts, USA

$2,650,000

$267/SF

Building Size

9,900 SF

Asset Type

Mixed-use

Closing

Apr 25, 2021

AI

A mixed-use property located at 11-17 Newbury St in Quincy, MA was recently sold for a total price of $2,650,000. The transaction took place on 04/26/2021, and the property spans across 9,900 square feet. The price per square foot for this sale was $268.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $2,650,000
  • Address: 11-17 Newbury St, Quincy, MA
  • Market: Quincy, MA
  • Square Footage: 9,900

The sale of this mixed-use property was facilitated by Anthony Jean-Baptiste of Boston Trust Realty Group and MIG Realty. Their expertise in the real estate market played a crucial role in bringing together the buyers and sellers for this transaction.

Players

Anthony Jean Baptiste

Boston Trust Realty Group

Broker

$8.8M

vol

6 deals

Broker

Quincy Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.99%

Cash-on-Cash

-1.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93