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410 Boylston Street, Boston...

Boston Realty Advisors Facilitates $5.2M Sale Of Retail Property In Boston, MA
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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:

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

Jason Weissman

Boston Realty Advisors

Broker

$340.2M

vol

16 deals

Broker

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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93