Coldwell Banker Commercial Brokers Todd Glaskin & Gregg Leppo Facilitate $15M Retail Sale In Brookline, MA
1004-1016 Beacon Street, Brookline, Massachusetts 02446, United States
$15,000,000
$909/SF
Building Size
16,500 SF
Asset Type
Retail
Closing
Feb 28, 2022
AI
An retail property located at 1004-1016 Beacon Street in Brookline, MA has been sold for $15,000,000. The property spans a total area of 16,500 square feet, resulting in a price per square foot of $909.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $15,000,000
- Address: 1004-1016 Beacon Street, Brookline, MA
- Market: Brookline, MA
- Brokers: Todd Glaskin & Gregg Leppo - Coldwell Banker Commercial
The sale of this property was facilitated by brokers Todd Glaskin and Gregg Leppo from Coldwell Banker Commercial.
Players
Brookline Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93