Boston Residential Group Sells Retail Property On A Street In Boston For $4.1M
319 A Street
$4,100,000
$766/SF
Building Size
5,350 SF
Asset Type
Retail
Closing
Dec 4, 2023
AI
The retail property located at 319 A Street in Boston, MA has been sold for a total price of $4,100,000. The property spans across 5,350 square feet, resulting in a price per square foot of $766.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,100,000
- Address: 319 A Street, Boston, MA
- Market: Boston, MA
- Buyer: William Gateman
- Seller: Boston Residential Group
- Buyer's Representative: Joe Wagner - Boston Realty Advisors
- Seller's Representatives: Sean Griffing & Jonathan Dutch - Boston Urban Partners
The buyer's representative for this transaction is Joe Wagner from Boston Realty Advisors, while the seller was represented by Sean Griffing and Jonathan Dutch of Boston Urban Partners.
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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93