Updated Sep 9, 2024
Horvath & Tremblay Brokers $2M Mixed-Use Sale In Revere, MA
732 Broadway Revere, MA 02151, USA
$2,000,000
$251/SF
Building Size
7,959 SF
Asset Type
Mixed-use
Closing
Jun 14, 2023
About this deal
AI
A mixed-use property located at 732 Broadway in Revere, MA has been sold for a price of $2,000,000. The property spans 7,959 square feet and has a price per square foot (PPSF) of $251. The transaction took place on 06/14/2023.
Summary of transaction details
- Property Type: Mixed-Use
- Transaction Amount: $2,000,000
- Square Footage: 7,959
- Price per Square Foot: $251
- Address: 732 Broadway, Revere, MA
- Market: Revere, MA
The seller of the property was Mark Clifford. The broker representing the seller in this transaction was Stephen Girolamo from Horvath & Tremblay. The deal involved 11 units within the mixed-use property.
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93