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1284 Beacon Street, Brookli...

Fairstead & Atalaya Capital Acquires Mixed-Use Property In Brookline, MA For $74M. Simon Butler Of CBRE Represents Buyer
SOLDMixed-use

Fairstead & Atalaya Capital Acquires Mixed-Use Property In Brookline, MA For $74M. Simon Butler Of CBRE Represents Buyer

1284 Beacon Street, Brookline, MA, USA

$74,000,000

$7,400/SF

Building Size

9,999 SF

Asset Type

Mixed-use

Closing

Dec 31, 2020

AI

The mixed-use property located at 1284 Beacon Street in Brookline, MA has been sold for $74,000,000. The transaction took place on 01/01/2021. The property is characterized by its diverse usage, comprising both residential and commercial spaces. Simon Butler of CBRE represented the buyers, Fairstead & Atalaya Capital, in the deal.

Summary of transation details

  • Property Type: Mixed-use
  • Transaction Amount: $74,000,000
  • Date: 01/01/2021
  • Address: 1284 Beacon Street, Brookline, MA
  • Market: Brookline, MA
  • Buyer: Fairstead & Atalaya Capital
  • Broker: Simon Butler - CBRE

The buyers in this transaction were represented by Simon Butler from CBRE. The successful deal highlights the demand for mixed-use properties in the Brookline, MA market.

Players

Simon Butler

CBRE

Broker

$2.5B

vol

33 deals

Broker
Fairstead
FairsteadBuyer

Brookline 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

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93