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118 Northampton Street, Eas...

Updated Dec 21, 2023

Laurie Ann & Seth Richard Acquire Retail Property On Northampton Street In Easthampton For $5.34M
SOLDRetail

Laurie Ann & Seth Richard Acquire Retail Property On Northampton Street In Easthampton For $5.34M

118 Northampton Street, Easthampton, MA, USA

$5,340,000

$608/SF

Building Size

8,775 SF

Asset Type

Retail

Closing

Jun 21, 2020

About this deal

AI

118 Northampton Street in Easthampton was recently sold in a retail transaction. The property spans 8,775 square feet, with a sale price of $5,340,000. This translates to a price per square foot of $608.55.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $5,340,000

The sale of 118 Northampton Street was facilitated by Laurie Ann (L.A.) from Drinkwater and Seth Richard from arcusMillichap_Boston. They represented the parties involved in the deal.

The retail sale at 118 Northampton Street, Easthampton, MA, USA in Easthampton, Massachusetts sold for $5.3M in 2020. The building is 8,775 square feet, implying about 608 per square foot on the published price. Laurie Ann "L.A." Drinkwater, Seth Richard, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Easthampton, Massachusetts file for the 118 Northampton Street, Easthampton, MA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Easthampton sit in the Market section below. Filter that Easthampton retail set by closing date to see what else sold near 118 Northampton Street, Easthampton, MA, USA around 2020. Published consideration for 118 Northampton Street, Easthampton, MA, USA is $5.3M, dated 2020. Cite this Laurie Ann & Seth Richard Acquire Retail Property On Northampton Street In Easthampton For $5.34M sale when underwriting similar retail product around Easthampton, Massachusetts.

Players

Laurie Ann Drinkwater

Marcus & Millichap

Broker

$95.6M

vol

14 deals

Broker

Easthampton Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $608 per square foot on a published $5.3M for 8,775 square feet (2020).

Visit Laurie Ann "L.A." Drinkwater 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

2.97%

Cash-on-Cash

-0.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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