facebook
Traded Co logo
Submit

Brookline Property Sold For $15M With Seller's Rep Gregg Leppo From Coldwell Banker

Property Image
SOLD
$15,000,000
Gregg Leppo
Todd Glaskin

Massachusetts

See Similar Deals
Retail16,500 SF
the dealplayerscompscontact
Property Image
SOLD

Brookline Property Sold For $15M With Seller's Rep Gregg Leppo From Coldwell Banker

1004 Beacon St, Brookline, MA, 02446

See Similar Deals
Retail16,500 SF
Gregg Leppo
Todd Glaskin
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$909
Total Square Footage:16,500 SF
Transaction Type:Sale

The property involved in this transaction is a 16,500-square-foot retail building situated on a half-acre site at 1004 Beacon St, Brookline, MA, 02446. The sale was completed for a total price of $15,000,000.00, reflecting the property's market value in the Brookline area.

Summary of transaction details:

  • Property Type: Retail Building
  • Transaction Amount: $15,000,000.00
  • Address: 1004 Beacon St, Brookline, MA, 02446
  • Market: Brookline
  • Seller: Local family trust
  • Buyer's Representative: Unknown
  • Seller's Representative: Gregg Leppo-Coldwell Banker
  • Loan Amount: $13,000,000.00

In this transaction, the seller was represented by Gregg Leppo from Coldwell Banker. The financing for the acquisition was facilitated by Casimir Groblewski and Colin Monahan of Fantini & Gorga, a local mortgage banking firm. This highlights the collaboration between different professionals during the deal process.

Players

Todd Glaskin
Coldwell Banker
Todd Glaskin
23 deals$109.8M volume
BROKER
Gregg Leppo
Coldwell Banker
Gregg Leppo
7 deals$67.4M volume
BROKER

Details

SOLD
IMAGE: 1004 Beacon St, Brookline, MA, 02446 MARKET: Brookline SELLER'S REP: Gregg Leppo-Coldwell Banker BUYER: Unknown SELLER: Local family trust PRICE: $15,000,000.00 SF: 16500

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$799,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$53,291.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$71,107.65
Annual Debt Service$853,291.83