Updated Feb 27, 2026
Marc Resnick Purchases Office Building At 112-116 State Street Boston For $4M With Brokers Ryan Taylor & Brayden Haney
112-116 State Street
$4,000,000
$222/SF
Building Size
18,000 SF
Asset Type
Office
Closing
Feb 24, 2026
About this deal
AI
The property involved in this transaction is located at 112-116 State Street, Boston, MA. It is an office asset with a sale price of $4,000,000, covering a total area of 18,000 square feet, translating to a price per square foot of $222. The building features a historic cast-iron façade.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,000,000
- Address: 112-116 State Street
- Market: Boston, MA
- Square Footage: 18,000
- Price Per Square Foot: $222
- Buyer: Marc Resnick
- Seller: Greg Mccarthy
- Brokers: Ryan Taylor & Brayden Haney - Fortune Realty
Ryan Taylor and Brayden Haney represented the seller, Greg Mccarthy, in this transaction, facilitating the sale process effectively within the Boston market.
On the Map
$4,000,000
$222/SF
Office
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Players
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93