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.
Quincy Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
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