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416 418 West Broadway

Core Investments Sells Mixed-Use Property At 416-418 West Broadway In South Boston For $15.9M
SOLDMixed-use

Core Investments Sells Mixed-Use Property At 416-418 West Broadway In South Boston For $15.9M

416 418 West Broadway

$15,900,000

$704/SF

Building Size

22,581 SF

Asset Type

Mixed-use

Closing

Mar 7, 2025

AI

The property involved in this transaction is a mixed-use asset located at 416-418 West Broadway in South Boston, MA. The sale was finalized for a total of $15,900,000, encompassing a total square footage of 22,581 and translating to a price per square foot of $704.

Summary of transation details:

The transaction involved the brokerage team of Kevin Benzinger, Jason Weissman, Nicholas Herz, and Joe Wagner representing the seller, Core Investments. Their expertise facilitated the successful closing of this mixed-use property deal in a prominent market.

Players

Jason Weissman

Boston Realty Advisors

Broker

$340.2M

vol

16 deals

Broker
CI
Core InvestmentsSeller

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