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161 Harvard Avenue

Alpha Management Acquires Mixed-Use Asset At 161 Harvard Avenue In Boston For $12.25M
SOLDMixed-use

Alpha Management Acquires Mixed-Use Asset At 161 Harvard Avenue In Boston For $12.25M

161 Harvard Avenue

$12,250,000

$299/SF

Building Size

40,892 SF

Asset Type

Mixed-use

Closing

Jun 22, 2026

AI

The mixed-use property located at 161 Harvard Avenue in Boston, MA, was sold for $12,250,000. The asset spans 40,892 square feet, resulting in a price per square foot of $299.

Summary of transation details:

This transaction highlights the involvement of Alpha Management as the buyer, with Gerald Gordon serving as the seller. The deal was facilitated by JLL, represented by a team of brokers, including Zach Nitsche, Joseph Marinaro, John Flaherty, Jon Bryant, and Anthony Nakhle.

Players

John Flaherty

JLL

Broker

$836.3M

vol

58 deals

Broker
AC
Alpha Management Corp.Buyer

Market 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

1.29%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93