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1939 Beacon St, Brighton, M...

Jennifer Crowford Acquires Retail Property On Beacon St, Brighton, MA From Fred Starikov For $3.25M
SOLDRetail

Jennifer Crowford Acquires Retail Property On Beacon St, Brighton, MA From Fred Starikov For $3.25M

1939 Beacon St, Brighton, Massachusetts, USA

$3,250,000

$1,710/SF

Building Size

1,900 SF

Asset Type

Retail

Closing

Mar 30, 2021

AI

The retail property located at 1937-1939 Beacon St in Brighton, MA has been sold for a total price of $3,250,000. The property spans 1,900 square feet, resulting in a price per square foot of $1,711. The transaction took place on March 31, 2021.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $3,250,000
  • Square Footage: 1,900
  • Price per Square Foot: $1,711
  • Location: 1937-1939 Beacon St, Brighton, MA
  • Market: Brighton, MA

Fred Starikov was the seller of the property, and Jennifer Crowford was the buyer.

Players

Fred Starikov

City Realty Group

Broker

$66.7M

vol

12 deals

Broker
Fred Starikov

Fred Starikov

Seller

$66.7M

vol

12 deals

Seller

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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93