facebook
Traded Co logo
Submit
Daily limit: 0/10

Asana Partners Sells 337 Newbury Street Retail Property In Boston For $9.4M

Property Image
SOLD
$9,400,000

Massachusetts

See Similar Deals
Retail3,872 SF
Sold 03/06/2025
the dealplayerscompscontact
Property Image
SOLD

Asana Partners Sells 337 Newbury Street Retail Property In Boston For $9.4M

337 Newbury Street

See Similar Deals
Retail3,872 SF
Sold 03/06/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$2,427
Total Square Footage:3,872 SF
Transaction Type:Sale

337 Newbury Street is a retail property located in the Back Bay neighborhood of Boston, MA, encompassing a total of 3,872 square feet. This property was sold for a price of $9,400,000, which translates to a price per square foot of $2,428. The building underwent renovations in 2016 and was previously traded for $7,235,000 in 2019.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $9,400,000
  • Address: 337 Newbury Street, Boston, MA
  • Square Footage: 3,872
  • Price Per Square Foot: $2,428
  • Seller: Terry S. Brown - Asana Partners

Terry S. Brown represented Asana Partners in the transaction, facilitating the sale of the retail property at 337 Newbury Street. The building's previous market activity reflects a notable increase in value since its last sale in 2019.

Players

TB
3 deals$21.9M volume
SELLER

Details

SOLD
IMAGE: Terry S. Brown DATE: 03/06/2025 ADDRESS: 337 Newbury Street MARKET: Boston, MA ASSET TYPE: Retail SELLER: Terry S. Brown - Asana Partners SALE PRICE: $9,400,000 SF: 3,872 ~ PPSF: $2,428 NOTE: Asana Partners has sold 337 Newbury Street, a 3,872 sq. ft. retail property in Back Bay, for $9.4M. The building last traded for $7.235M in 2019 and was renovated in 2016.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$501,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,396.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,560.80
Annual Debt Service$534,729.55