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130 Bowdoin Street, Dorches...

Andres Ferreira Acquires Retail Property In Dorchester, MA For $6.2M
SOLDRetail

Andres Ferreira Acquires Retail Property In Dorchester, MA For $6.2M

130 Bowdoin Street, Dorchester, MA, USA

$6,200,000

$449/SF

Building Size

13,793 SF

Asset Type

Retail

Closing

Aug 25, 2021

AI

The retail property located at 130 Bowdoin St in Dorchester, MA has been sold in a recent transaction. The sale took place on August 26, 2021. The property, spanning 13,793 square feet, was sold for a total price of $6,200,000, resulting in a price per square foot of $450.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $6,200,000
  • Address: 130 Bowdoin St, Dorchester, MA
  • Market: Dorchester, MA

The buyer of the property is Andres Ferreira, while the seller is 130 Bowdoin St Dev Corp.

Players

DC
Dev CorpSeller

Boston 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

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93