Updated May 20, 2025
Matthew Ramey Of Concept Properties Represents Buyer In Sale Of Brookline Office For $3.8M
1419 Beacon Street
$3,800,000
$433/SF
Building Size
8,765 SF
Asset Type
Office
Closing
May 6, 2025
About this deal
AI
The asset involved in this transaction is an office property located at 1419 Beacon Street, Brookline, MA. The sale price is $3,800,000 for a total area of 8,765 square feet, resulting in a price per square foot of $433.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $3,800,000
- Address: 1419 Beacon Street
- Market: Brookline, MA
- Total Square Footage: 8,765
- Price Per Square Foot: $433
- Buyer's Representative: Matthew Ramey - Concept Properties
- Seller's Representative: Carleton Ashley - Compass
This transaction features key individuals representing both the buyer and seller. Matthew Ramey from Concept Properties is the broker representing the buyer, while Carleton Ashley from Compass represents the seller in this deal.
On the Map
$3,800,000
$433/SF
Office
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Players
Brookline 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93