Updated Oct 28, 2024
WAM/Raptor Investments Acquires Mixed-Use Property In Boston For $7.5M
36 Newbury St, Boston, MA, USA
$7,500,000
$1,250/SF
Building Size
6,000 SF
Asset Type
Mixed-use
Closing
Sep 23, 2021
About this deal
AI
A mixed-use property located at 36 Newbury St in Boston, MA has been sold in a recent transaction. The property spans approximately 6,000 square feet and was sold for a price of $7,500,000, resulting in a price per square foot of $1,250. The sale took place on September 24, 2021.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $7,500,000
- Address: 36 Newbury St, Boston, MA
- Market: Boston, MA
The buyer of the property is WAM/Raptor Investments, while the seller is Weber Trust. The deal was facilitated by Doug Marr of Keliher Real Estate, representing the buyer.
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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93