Tuccio Properties Group Acquires Retail Property In Medfield, MA For $1.9M
1 Green Street
$1,900,000
$158/SF
Building Size
11,962 SF
Asset Type
Retail
Closing
Feb 14, 2024
AI
The retail property located at 1 Green Street in Medfield, MA has been sold for a total price of $1,900,000. The transaction took place on February 14, 2024. The property spans 11,962 square feet, resulting in a price per square foot of $159. The buyer of the property is Tuccio Properties Group, represented by Andrew Tuccio and Salvatore Capital Partners. The seller of the property is Marval Realty Corporation, with William Goldberg as their representative.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,900,000
- Address: 1 Green Street, Medfield, MA
- Square Feet: 11,962
- Price per Square Foot: $159
The deal involved Andrew Tuccio and Salvatore Capital Partners as the representatives for Tuccio Properties Group, the buyer of the retail property. On the other side, Marval Realty Corporation was represented by William Goldberg as the seller. This transaction signifies a successful sale in the Medfield, MA market.
Players
Medfield 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93