Updated Oct 28, 2024
Gordon's Fine Wines Acquires Mixed-Use Property In Needham, MA For $5.2M
150 Gould Street, Needham, Massachusetts 02494, United States
$5,200,000
$260/SF
Building Size
20,000 SF
Asset Type
Mixed-use
Closing
Sep 21, 2022
About this deal
AI
Located at 150 Gould Street in Needham, MA, this mixed-use property has recently been sold in a closed transaction. The property spans across 20,000 square feet and offers a versatile space for both residential and commercial use. The sale of the property was facilitated by the brokerage firm 128 CRE, with Tyler Capecci, Adam Meixner, Jeremy Freid, Jordan Sneider, and Meghan Huebner representing both the buyer and the seller.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $5,200,000
- Address: 150 Gould Street, Needham, MA
- Market: Needham, MA
Gordon's Fine Wines of Needham acquired the property from RENCO in this transaction. The purchase price for the property was $5,200,000, resulting in a price per square foot of $260. The sale was successfully negotiated by Tyler Capecci, Adam Meixner, Jeremy Freid, Jordan Sneider, and Meghan Huebner from 128 CRE, bringing together the buyer and seller to close the deal.
Players
Needham Heights Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Tyler Capecci to view all their deals.
Browse Needham Heights mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93