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2-20 Tremont Street, Bright...

Jonathan Aron Of KeyPoint Partners Brokers $2.5M Retail Sale On Tremont Street, Brighton
SOLDRetail

Jonathan Aron Of KeyPoint Partners Brokers $2.5M Retail Sale On Tremont Street, Brighton

2-20 Tremont Street, Brighton, Massachusetts, USA

$2,500,000

$446/SF

Building Size

5,600 SF

Asset Type

Retail

Closing

Aug 24, 2021

AI

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.

Players

Jonathan Aron

Broker

$17.8M

vol

3 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93