Jonathan Aron Of KeyPoint Partners Brokers $2.5M Retail Sale On Tremont Street, Brighton
SOLD
$2,500,000
Massachusetts
See Similar DealsRetail5,600 SF
Sold 08/24/2021
SOLD
Jonathan Aron Of KeyPoint Partners Brokers $2.5M Retail Sale On Tremont Street, Brighton
2-20 Tremont Street, Brighton, Massachusetts, USA
See Similar DealsRetail5,600 SF
Sold 08/24/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$446
Total Square Footage:5,600 SF
Transaction Type:Sale
A retail property located at 2-20 Tremont Street in Brighton, MA was recently sold for $2,500,000, according to a post on Jonathan Aron's Instagram page. The sale, which took place on August 24, 2021, involved a total area of 5,600 square feet. The property was sold at a price of $446 per square foot.
Summary of transaction details
- Property Type: Retail
- Sale Price: $2,500,000
- Square Footage: 5,600
- Price per Square Foot: $446
- Address: 2-20 Tremont Street, Brighton, MA
- Market: Brighton, MA
The sale was facilitated by Jonathan Aron of KeyPoint Partners. Jonathan Aron represented the seller or buyer, acting as their broker representative in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
Annual Debt Service$142,215.31
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