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1 Green Street

Tuccio Properties Group Acquires Retail Property In Medfield, MA For $1.9M
SOLDRetail

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