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
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