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50 Central Street

50 Central Street Retail Property Sold For $1.48M In Boston With Brokers Danny Griffin, Eric Suffoletto & David Hoppe
SOLDRetail

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

Eric Suffoletto

Atlantic Retail

Broker

$92M

vol

15 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

10.72%

Cash-on-Cash

-3.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93