Updated Sep 9, 2024
Marcus & Millichap Sells Boston Mixed-Use Portfolio For $4.3M
336 Bennington St #344 Boston, MA 02128, USA
$4,275,000
Building Size
—
Asset Type
Mixed-use
Closing
May 30, 2023
About this deal
AI
Marcus & Millichap has announced the sale of a mixed-use property portfolio in Boston, consisting of buildings located at 336-344 Bennington Street and 397A-401 Chelsea Street. The total price for the transaction was $4,275,000.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $4,275,000
- Address: 336-344 Bennington Street & 397A-401 Chelsea Street, Boston, MA
- Market: Boston, MA
Evan Griffith and Tony Pepdjonovic of Marcus & Millichap facilitated the transaction as the brokers involved.
The mixed use sale at 336 Bennington St #344 Boston, MA 02128, USA in Boston, Massachusetts sold for $4.3M in 2023. 336 Bennington St #344 Boston, MA 02128, USA is classified as Mixed Use on Traded. Tony Pepdjonovic, Evan Griffith, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Boston, Massachusetts file for the 336 Bennington St #344 Boston, MA 02128, USA mixed use sold: pricing, party profiles, and other closed mixed use comps from the same Boston sit in the Market section below. Filter that Boston mixed use set by closing date to see what else sold near 336 Bennington St #344 Boston, MA 02128, USA around 2023. Published consideration for 336 Bennington St #344 Boston, MA 02128, USA is $4.3M, dated 2023. Cite this Marcus & Millichap Sells Boston Mixed-Use Portfolio For $4.3M sale when underwriting similar mixed use product around Boston, Massachusetts.
Players
Boston 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
3.71%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93