Updated Oct 28, 2024
Boston City Group, Inc. Sells Retail Property On Commercial Street In Boston For $2M
266 Commercial Street, Boston, Massachusetts, USA
$2,000,000
$470/SF
Building Size
4,254 SF
Asset Type
Retail
Closing
Sep 13, 2021
About this deal
AI
The retail property located at 266 Commercial Street in Boston, MA has been sold for a total price of $2,000,000. The property spans across 4,254 square feet, resulting in a price per square foot of $470.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,000,000
The seller of the property is Boston City Group, Inc., who was represented in the deal by Caroline Ligotti, Linda Redeker, and Emily McGranaghan from Boston City Group, Inc.
Note: No additional information is available regarding the property or the individuals involved in the transaction.
Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93