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1-9 N Beacon St, Allston, B...

Jonathan Aron's KeyPoint Partners Facilitates $7.9M Sale Of Allston Retail Property
SOLDRetail

Jonathan Aron's KeyPoint Partners Facilitates $7.9M Sale Of Allston Retail Property

1-9 N Beacon St, Allston, Boston, Massachusetts, USA

$7,940,000

Building Size

Asset Type

Retail

Closing

Nov 26, 2021

AI

Located in Allston, MA, the property at 1-9 North Beacon St., 491 Cambridge St., and 479-489 Cambridge St. has been sold for a total of $7,940,000. This retail asset transaction took place on November 26, 2021. The deal was facilitated by Jonathan Aron from KeyPoint Partners (KPP).

Summary of Transaction Details:

  • Property Type: Retail
  • Transaction Amount: $7,940,000
  • Address: 1-9 North Beacon St.; 491 Cambridge St.; & 479-489 Cambridge St.
  • Market: Allston, MA

Jonathan Aron, representing KeyPoint Partners (KPP), played a crucial role in ensuring the success of this transaction. The involvement of knowledgeable professionals like Aron and KPP adds value and expertise to the deal, benefitting all parties involved.

Players

Jonathan Aron

Broker

$17.8M

vol

3 deals

Broker

Boston Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.00%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93