Updated Oct 28, 2024
ENJOI 77 Holdings Acquires Retail Property In Vineyard Haven For $1.1M
24 Union Street, Vineyard Haven, Massachusetts 02568, United States
$1,100,000
$474/SF
Building Size
2,320 SF
Asset Type
Retail
Closing
Dec 27, 2021
About this deal
AI
The retail property located at 24 Union St in Vineyard Haven, MA has been sold for $1,100,000. The property spans 2,320 square feet, resulting in a price per square foot of $474. The sale took place on December 27, 2021. The buyer of the property is ENJOI 77 Holdings, represented by Zach Feldman of Katzen Companies, Brook Katzen of Katzen Companies, and Sam Schreiber of HS Ventures. The seller is Bike Shop Realty Trust.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,100,000
- Address: 24 Union St, Vineyard Haven, MA
- Square Footage: 2,320
- Price per Square Foot: $474
- Market: Vineyard Haven, MA
Zach Feldman, representing ENJOI 77 Holdings, Katzen Companies represented by Brook Katzen, and HS Ventures represented by Sam Schreiber were the key individuals and companies involved in the transaction.
Players
Vineyard Haven 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93