Updated Nov 29, 2023
Atlantic Retail Acquires Retail Property In Boston, MA For $2.2M
3712 Washington St, Boston, MA 02130, USA
$2,200,000
$695/SF
Building Size
3,163 SF
Asset Type
Retail
Closing
Dec 2, 2022
About this deal
AI
A retail property located at 3712 Washington Street in Boston, MA has been sold for a transaction amount of $2,200,000. The property spans a total area of 3,163 square feet and was sold at a price per square foot of $696.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,200,000
- Square Footage: 3,163
- Price per Square Foot: $696
- Address: 3712 Washington Street, Boston, MA
- Market: Boston, MA
The sale was facilitated by Andrew Jacob from Atlantic Retail. Atlantic Retail served as the brokerage agency for this 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
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93