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109 School Street

Young H Lee Sells Retail Property At 109 School Street In Watertown, MA For $2M
SOLDRetail

Young H Lee Sells Retail Property At 109 School Street In Watertown, MA For $2M

109 School Street

$2,000,000

$544/SF

Building Size

3,674 SF

Asset Type

Retail

Closing

Mar 21, 2023

AI

The retail property located at 109 School Street in Watertown, MA has been sold for $2,000,000. The transaction took place on 03/21/2023. The property measures 3,674 square feet with a price per square foot of $544.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Square Feet: 3,674
  • Price Per Square Foot: $544
  • Address: 109 School Street, Watertown, MA
  • Market: Watertown, MA

Young H Lee was the seller of the property. Andrew Mazzeo from All Star Realty, Inc. represented the seller in the deal.

Players

Andrew Mazzeo

All Star Realty, Inc.

Broker

$33.7M

vol

7 deals

Broker

Market 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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93