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Harvard Linden LLC Purchases Mixed-use Property At 43-45 Harvard Street For $3.92M
SOLD
$3,920,000
Massachusetts
See Similar DealsMixed-use6,553 SF
Sold 09/05/2024
SOLD
Harvard Linden LLC Purchases Mixed-use Property At 43-45 Harvard Street For $3.92M
43-45 Harvard Street
See Similar DealsMixed-use6,553 SF
Sold 09/05/2024
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$598
Total Square Footage:6,553 SF
Transaction Type:Sale
A mixed-use property located at 43-45 Harvard Street in Brookline, MA has been sold for $3,920,000. The asset offers a total square footage of 6,553, resulting in a price per square foot of $598.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $3,920,000
- Address: 43-45 Harvard Street
- Market: Brookline, MA
- Square Footage: 6,553
- Price Per Square Foot: $598
- Buyer: Harvard Linden LLC
- Brokers: Gregg Leppo, Jayne Friedberg & Todd Glaskin - Coldwell Banker
Todd Glaskin and Gregg Leppo of Coldwell Banker Commercial Realty, along with Jayne Friedberg of Coldwell Banker Realty Brookline, facilitated the sale of the mixed-use property, showcasing their involvement in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$209,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,926.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,582.80
Annual Debt Service$222,993.60
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