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404 South Huntington Avenue...

Boston Trust Realty Group Commercial Acquires Office Building At 404 S Huntington Ave For $2.275M
SOLDOffice

Boston Trust Realty Group Commercial Acquires Office Building At 404 S Huntington Ave For $2.275M

404 South Huntington Avenue, Boston, Massachusetts 02130, United States

$2,275,000

$379/SF

Building Size

5,989 SF

Asset Type

Office

Closing

Mar 24, 2022

AI

Located at 404 S Huntington Ave in Boston, MA, the property involved in this transaction is an office space. The sale of this property was facilitated by Roody Lambert of Boston Trust Realty Group Commercial. The transaction took place on 03/25/2022 with a sale price of $2,275,000. The total square footage of the office space is 5,989, resulting in a price per square foot of $380.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $2,275,000
  • Address: 404 S Huntington Ave, Boston, MA
  • Market: Boston, MA
  • Broker: Roody Lambert - Boston Trust Realty Group Commercial
  • Square Footage: 5,989
  • Price per Square Foot: $380

This transaction highlights the involvement of Roody Lambert as the representative of Boston Trust Realty Group Commercial. Their expertise in the Boston market played a significant role in the successful sale of this office space.

Players

Roody Lambert

Boston Trust Realty Group

Broker

$4.8M

vol

3 deals

Broker

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

6.97%

Cash-on-Cash

-1.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93