Updated Oct 28, 2024
1144-1152 Beacon St. LLC Acquires Retail Property In Newton, MA For $3.7M
1144 Beacon Street, Newton, Massachusetts, USA
$3,700,000
$395/SF
Building Size
9,350 SF
Asset Type
Retail
Closing
Jun 25, 2020
About this deal
AI
Located at 1144-1152 Beacon St in Newton, MA, this retail property was recently sold in a closed transaction. The sale took place on June 25, 2021. The property, totaling 9,350 square feet, was sold for a price of $3,700,000, resulting in a price per square foot of $396.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,700,000
- Address: 1144-1152 Beacon St, Newton, MA
- Market: Newton, MA
The buyer of the property is 1144-1152 Beacon St. LLC. The deal was facilitated by Todd Glaskin from Coldwell Banker Commercial, who represented the buyer in this transaction.
Players
Newton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Todd Glaskin to view all their deals.
Browse Massachusetts retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93