50 Central Street Retail Property Sold For $1.48M In Boston With Brokers Danny Griffin, Eric Suffoletto & David Hoppe
50 Central Street
$1,480,000
$161/SF
Building Size
9,180 SF
Asset Type
Retail
Closing
Feb 26, 2026
AI
The property involved in the transaction is located at 50 Central Street, Boston, MA. It is categorized as a retail asset with a total square footage of 9,180. The sale price for this transaction was $1,480,000, translating to a price per square foot of approximately $161.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,480,000
- Square Footage: 9,180
- Price per Square Foot: $161
- Address: 50 Central Street
- Market: Boston, MA
The transaction was conducted by brokers Danny Griffin, Eric Suffoletto, and David Hoppe, who are affiliated with Atlantic Retail. They played a pivotal role in facilitating the sale process for this retail asset.
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
10.72%
Cash-on-Cash
-3.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93