Updated Oct 29, 2024
General Radar Corp Leases 5,028 SF Office Space At Building 39 In Charlestown Navy Yard
39 First Avenue Charlestown, Massachusetts 02129, USA
Building Size
5,028 SF
Asset Type
Office
Closing
Aug 18, 2023
About this deal
AI
Fulton Properties' vice president, Dan Luter, has successfully leased 5,028 square feet of office space at Building 39 in Charlestown Navy Yard. The property, located at 39 1st Ave, is now occupied by General Radar Corp.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not provided
- Square Footage: 5,028 SF
- Address: 39 1st Ave, Charlestown, MA
- Market: Charlestown, MA
The lease agreement was facilitated by Colin Gordon and Dan Luter from Hunneman Real Estate, who represented General Radar Corp as their brokers.
Players
Charlestown Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93