Updated Dec 20, 2023
Harrison Klein Acquires Office Building In Greenfield, MA For $2.7M
489 Bernardston Rd, Greenfield, MA, USA
$2,725,000
$52/SF
Building Size
52,412 SF
Asset Type
Office
Closing
Nov 18, 2021
About this deal
AI
An office property located at 489 Bernardston Rd in Greenfield, MA has been sold for $2,725,000. The transaction took place on November 18, 2021. The property spans 52,412 square feet, resulting in a price per square foot of $52. The sale was facilitated by Harrison Klein from Marcus & Millichap.
Summary of transation details
- Property Type: Office
- Transaction Amount: $2,725,000
- Square Footage: 52,412
- Price per Square Foot: $52
- Address: 489 Bernardston Rd, Greenfield, MA
- Broker: Harrison Klein - Marcus & Millichap
Harrison Klein from Marcus & Millichap played a crucial role as the broker in the sale of this office property in Greenfield, MA.
Greenfield 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
5.82%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93