Coldwell Banker Realty - Back Bay Represents Seller In $3.75M Multifamily Sale On Commercial St, Boston
150 Commercial Street
$3,750,000
$566/SF
Building Size
6,623 SF
Asset Type
MultiFamily
Closing
Jul 19, 2021
AI
The multifamily property located at 150 Commercial St in Boston, MA was recently sold. The sale took place on 07/19/2021, with a sale price of $3,750,000. The property spans a total of 6,623 square feet, resulting in a price per square foot of $566.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Date: 07/19/2021
- Address: 150 Commercial St
- Market: Boston, MA
- Seller's Representative: Jonathan Radford - Coldwell Banker Realty - Back Bay
- Buyer's Representative: Barron & Tiberi - Core Property Group, LLC
The transaction involved several key individuals and companies. The seller was represented by Jonathan Radford from Coldwell Banker Realty - Back Bay, while the buyer was represented by Barron & Tiberi from Core Property Group, LLC.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93