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.
Boston Office Market Snapshot
Boundary boundary · Office · Sale transactions
Loading comparables…
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