FINANCEDRetail
EagleBridge Capital Provides $5.7M Loan For Acquisition Of Retail Property In Boston, MA
3353 Washington St, Boston, Massachusetts 02130, United States
$5,700,000
$1,007/SF
Building Size
5,660 SF
Asset Type
Retail
Closing
Feb 10, 2022
AI
The retail property located at 3353 Washington St in Boston, MA has been involved in a closed transaction. The property spans across 5,660 square feet. The transaction details are as follows:
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,700,000
- Address: 3353 Washington St, Boston, MA
- Market: Boston, MA
- Lender: EagleBridge Capital - Ted Sidel
Ted Sidel from EagleBridge Capital served as the lender for this acquisition and mortgage financing deal.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93