Updated Oct 29, 2024
JP Property One LLC Sells Retail Property In Jamaica Plain, MA For $15.8M
3531 Washington St, Jamaica Plain, Boston, Massachusetts, USA
$15,800,000
$623/SF
Building Size
25,349 SF
Asset Type
Retail
Closing
Apr 12, 2021
About this deal
AI
The retail property located at 3531 Washington St in Jamaica Plain, MA has been sold for a price of $15,800,000. The property, measuring approximately 25,349 square feet, was sold by J.P. Property One LLC. The sale was facilitated by James Koury from Institutional Property Advisors. The property is situated in the Jamaica Plain market.
Summary of transaction details
- Property Type: Retail
- Sale Price: $15,800,000
- Square Footage: 25,349
- Address: 3531 Washington St, Jamaica Plain, MA
- Market: Jamaica Plain
James Koury, representing Institutional Property Advisors, played a key role in the transaction.
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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93