Updated Mar 11, 2025
Children’s Services Of Roxbury, Inc. Secures $8.1M Loan For Office Building In Boston, MA From Eastern Bank And MassDevelopment
504 Dudley Street, Boston, Massachusetts, USA
$8,100,000
$180/SF
Building Size
45,000 SF
Asset Type
Office
Closing
Jun 29, 2020
About this deal
AI
The property involved in this transaction is an office building located at 504 Dudley Street in Boston, MA. The building has a total square footage of 45,000 and was recently part of a closed deal.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $8,100,000
- Address: 504 Dudley Street
- Market: Boston, MA
The landlord of the property is Children’s Services of Roxbury, Inc., represented by Sandra M. McCroom. The lenders involved in the deal are Eastern Bank, represented by Pamela Feingold, and massdevelopment''>MassDevelopment, represented by Dan Rivera.
Players
Boston Office Market Snapshot
Boundary boundary · Office · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93