Updated Dec 21, 2023
Solmon Chowdhury Acquires Retail Property On Washington St In Roxbury, MA For $1.5M
2221 Washington St, Boston, MA, USA
$1,500,000
$165/SF
Building Size
9,040 SF
Asset Type
Retail
Closing
Aug 23, 2021
About this deal
AI
A retail property located at 2221-2225 Washington St in Roxbury, MA was recently sold for a price of $1,500,000. The property consists of three units and spans a total area of 9,040 square feet, resulting in a price per unit of $500,000 and a price per square foot of $166.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,500,000
- Units: 3
- Price per Unit: $500,000
- Square Footage: 9,040
- Price per Square Foot: $166
- Address: 2221-2225 Washington St, Roxbury, MA
The buyer in this transaction was Solmon Chowdhury, while the seller was Harry R. Finkle.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93