Updated Dec 19, 2023
Marcus & Millichap Boston Brokers Sale Of Mixed-Use Property In Jamaica Plain For $15.9M
3525 Washington Street, Jamaica Plain, Boston, MA, USA
$15,886,711
$626/SF
Building Size
25,349 SF
Asset Type
Mixed-use
Closing
Mar 18, 2021
About this deal
AI
The mixed-use property located at 3525 Washington Street in Jamaica Plain, Boston has been sold. The transaction took place on March 19, 2021. The property was represented by broker James Koury from Marcus & Millichap Boston.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $15,886,711
- Square Footage: 25,349
- Price per Square Foot: $627
- Address: 3525 Washington Street, Jamaica Plain, Boston
The deal was facilitated by James Koury, the representative from Marcus & Millichap Boston. This transaction highlights the continuing demand for mixed-use properties in the Jamaica Plain market area.
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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93