Updated Dec 19, 2023
Boston City Group Brokers Facilitate $7.9M Sale Of Office Building On Hamilton Place
7-9 Hamilton Place, Boston, Massachusetts, USA
$7,900,000
$446/SF
Building Size
17,694 SF
Asset Type
Office
Closing
May 9, 2021
About this deal
AI
Located in Boston, MA, the office property at 7-9 Hamilton Place recently changed hands in a closed transaction. The property, spanning 17,694 square feet, was sold for a total price of $7,900,000, resulting in a price per square foot of $446.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $7,900,000
- Address: 7-9 Hamilton Place, Boston, MA
- Market: Boston, MA
Caroline Ligotti, Linda Redeker, and Emily McGranaghan from Boston City Group served as the brokers representing the parties involved in the sale of this office property.
Players
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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93