Updated Dec 21, 2023
Horvath & Tremblay Brokers Acquire Retail Property On Massachusetts Avenue In Boston For $3.1M
183 Massachusetts Avenue, Boston, MA, USA
$3,075,000
$1,450/SF
Building Size
2,120 SF
Asset Type
Retail
Closing
Feb 18, 2021
About this deal
AI
The retail property located at 183 Massachusetts Avenue in Boston, MA, has been sold for $3,075,000. The transaction was completed on February 19, 2021. The property was listed by Robert Horvath and Todd Tremblay of Horvath & Tremblay, who represented the seller and the buyer in the deal.
Summary of transaction details
- Property Type: Retail
- Sale Price: $3,075,000
- Date: 02/19/2021
- Address: 183 Massachusetts Avenue, Boston, MA
- Market: Boston, MA
- Brokers: Robert Horvath & Todd Tremblay - Horvath & Tremblay
Robert Horvath and Todd Tremblay, brokers from Horvath & Tremblay, played a key role in facilitating the sale of the retail property at 183 Massachusetts Avenue. Their expertise and negotiation skills ensured a successful transaction for both the seller and the buyer.
Players
Boston 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
5.16%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93