SOLDOffice
Eric D. Schlager Acquires Office Property On Huntington Ave, Boston For $11.5M
814 Huntington Avenue, Boston, MA, USA
$11,500,000
$538/SF
Building Size
21,356 SF
Asset Type
Office
Closing
Jun 17, 2021
AI
The office property located at 812-814 Huntington Ave in Boston, MA has been sold in a transaction. The property spans across 21,356 square feet and was sold for a price of $11,500,000, resulting in a price per square foot of $538.
Summary of transation details
- Property Type: Office
- Transaction Amount: $11,500,000
- Square Footage: 21,356
- Price per Square Foot: $538
- Address: 812-814 Huntington Ave, Boston, MA
- Market: Boston, MA
Clair A. Carlson Jr acted as the seller in this transaction, while Eric D. Schlager served as the buyer.
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93