Dana Family Leases Retail Space At 1229 River Street To Resplandor Co-Op In Hyde Park
1229 River Street
$25
$25/SF
Building Size
2,023 SF
Asset Type
Retail
Closing
Jan 22, 2026
AI
The retail asset located at 1229 River Street, Hyde Park, MA, has a square footage of 2,023 and is under a NNN Lease. The asking rent for the property is set at $25 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $25/ft
- Address: 1229 River Street
- Market: Hyde Park, MA
- Landlord: Dana Family
- Tenant: Resplandor Co-Op
- Landlord's Representative: Jeff Similien - DMG Brokerage
- Tenant's Representative: Laura Similien - DMG Brokerage
This transaction reflects the collaboration of Jeff Similien and Laura Similien from DMG Brokerage, who represented the landlord and tenant, respectively, facilitating the leasing agreement between the Dana Family and Resplandor Co-Op.
Players
Hyde Park Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
634520.00%
Cash-on-Cash
-181347.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93