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63 Smiths Lane

Deeb Helal Acquires Office Asset At 63 Smiths Lane Kingston MA For $3.75M
SOLDOffice

Deeb Helal Acquires Office Asset At 63 Smiths Lane Kingston MA For $3.75M

63 Smiths Lane

$3,750,000

$165/SF

Building Size

22,725 SF

Asset Type

Office

Closing

Aug 21, 2025

AI

The property asset involved in this transaction is located at 63 Smiths Lane in Kingston, MA. It is categorized as an office type asset with a sale price of $3,750,000 and encompasses 22,725 square feet, resulting in a price per square foot of $165.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,750,000
  • Address: 63 Smiths Lane
  • Market: Kingston, MA
  • Buyer: Deeb Helal
  • Broker: David Ellis
  • Square Footage: 22,725
  • Price Per Square Foot: $165

The individuals involved in this transaction include Deeb Helal as the buyer and David Ellis representing the brokerage side of the deal. David Ellis acted as the broker in this transaction, facilitating the sale process.

Players

David Ellis

Broker

$20.3M

vol

6 deals

Broker

Kingston 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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93