Updated Oct 28, 2024
Boston Realty Advisors Acquires School On Newbury St In Boston For $7.6M
136 Newbury Street, Boston, Massachusetts 02116, United States
$7,600,000
$891/SF
Building Size
8,530 SF
Asset Type
Other
Closing
Aug 23, 2022
About this deal
AI
Located at 136 Newbury St in Boston, MA, this school property was recently sold in a transaction. The sale took place on August 24, 2022, and the property was purchased by Boston Realty Advisors, represented by Wil Catlin. The property spans 8,530 square feet with a sale price of $7,600,000, resulting in a price per square foot of $891.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $7,600,000
- Square Footage: 8,530
- Price Per Square Foot: $891
- Address: 136 Newbury St, Boston, MA
- Market: Boston, MA
Boston Realty Advisors, led by Wil Catlin, acted as the buyer in this transaction. As one of the top real estate agencies in Boston, Boston Realty Advisors successfully closed the deal on this school property, adding it to their portfolio. This transaction demonstrates their expertise and commitment to the local real estate market.
Players
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Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93