Updated Dec 20, 2023
Boston City Group Acquires Mixed-Use Property In Brookline, MA For $2.19M
31 Harvard St, Brookline, Massachusetts 02445, United States
$2,190,000
$498/SF
Building Size
4,398 SF
Asset Type
Mixed-use
Closing
Jun 16, 2022
About this deal
AI
A mixed-use property located at 31-31A Harvard St in Brookline, MA has been sold for $2,190,000. The property spans a total of 4,398 square feet, resulting in a price per square foot of $498. The transaction was completed on June 17, 2022. Caroline Ligotti, Linda Redeker, and Emily McGranaghan from Boston City Group acted as the brokers representing the parties involved in the deal.
Summary of transaction details:
- Property Type: Mixed-Use
- Transaction Amount: $2,190,000
- Address: 31-31A Harvard St, Brookline, MA
- Market: Brookline, MA
- Square Footage: 4,398
- Price per Square Foot: $498
The sale of the mixed-use property at 31-31A Harvard St was facilitated by Caroline Ligotti, Linda Redeker, and Emily McGranaghan of Boston City Group. They represented the parties involved and played a crucial role in the successful completion of the transaction.
Players
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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93