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1394 Beacon Street

Ally Zhang Acquires Mixed-Use Asset On Beacon Street For $3.65M
SOLDMixed-use

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

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.

Players

Collin Bray

Century 21

Broker

$26.6M

vol

9 deals

Broker

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