Boston Realty Advisors Facilitates $5.2M Sale Of Retail Property In Boston, MA
410 Boylston Street, Boston, MA, USA
$5,200,000
$622/SF
Building Size
8,357 SF
Asset Type
Retail
Closing
Nov 24, 2021
AI
The retail property located at 410 Boylston Street in Boston, MA has been sold for a price of $5,200,000. The property spans an area of 8,357 square feet, resulting in a price per square foot of $622. The sale transaction took place on November 24, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 410 Boylston Street, Boston, MA
- Market: Boston, MA
- Seller: Associates of 410 Boylston Street LLC
- Broker: Jason Weissman, Joe Wagner & Whitney Gallivan - Boston Realty Advisors
- Square Footage: 8,357
- Price per Square Foot: $622
The sale was facilitated by the brokerage team consisting of Jason Weissman, Joe Wagner, and Whitney Gallivan from Boston Realty Advisors. They represented the seller, Associates of 410 Boylston Street LLC, in this transaction.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93