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242 Huron Avenue, Cambridge...

All Star Realty, Inc. Sells Retail Property In Cambridge, MA For $2.2M
SOLDRetail

All Star Realty, Inc. Sells Retail Property In Cambridge, MA For $2.2M

242 Huron Avenue, Cambridge, Massachusetts 02138, United States

$2,200,000

$580/SF

Building Size

3,788 SF

Asset Type

Retail

Closing

Feb 27, 2022

AI

A retail property located at 242-252 Huron Ave in Cambridge, MA has recently been sold for a price of $2,200,000. The property spans a total area of 3,788 square feet, resulting in a price per square foot of $581.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,200,000
  • Address: 242-252 Huron Ave, Cambridge, MA
  • Market: Cambridge, MA

The sale was facilitated by Andrew Mazzeo from All Star Realty, Inc., who represented the buyer and seller in this transaction.

If you would like to get in touch with Andrew Mazzeo and All Star Realty, Inc., you can reach them at 617-642-2240 or visit their website at www.visitallstarrealty.com.

Players

Andrew Mazzeo

All Star Realty, Inc.

Broker

$33.7M

vol

7 deals

Broker

Cambridge Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93