Updated Dec 4, 2024
Ally Zhang Acquires Mixed-Use Asset On Beacon Street For $3.65M
1394 Beacon Street
$3,655,000
$496/SF
Building Size
7,357 SF
Asset Type
Mixed-use
Closing
Apr 30, 2024
About this deal
AI
The mixed-use property located at 1394 Beacon Street in Brookline, MA was sold for $3,655,000. The property spans 7,357 square feet, resulting in a price per square foot of $497.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,655,000
- Address: 1394 Beacon Street
- Market: Brookline, MA
- Buyer: Ally Zhang
- Seller: Kim Miller - Clifford Miller Inc
- Buyer's Rep: Siu Fu Lau - Compass
- Seller's Rep: Collin Bray - Century 21
- SF: 7,357
- PPSF: $497
The buyer's representative in this transaction was Siu Fu Lau from Compass, while the seller was represented by Collin Bray from Century 21.
On the Map
$3,655,000
$496/SF
Mixed-use
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Brookline 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
4.34%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93