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655 Mount Auburn Street, Wa...

Glen Kunofsky, Josh Kanter, & Anthony D'Ambrosia Acquires Retail Property In Watertown, MA For $16.15M
SOLDRetail

Glen Kunofsky, Josh Kanter, & Anthony D'Ambrosia Acquires Retail Property In Watertown, MA For $16.15M

655 Mount Auburn Street, Watertown, Massachusetts 02472, United States

$16,150,000

$1,251/SF

Building Size

12,906 SF

Asset Type

Retail

Closing

Sep 22, 2022

AI

Located at 655 Mt Auburn St in Watertown, MA, this retail property was recently sold in a closed transaction. The property spans over 12,906 square feet and was sold for a total price of $16,150,000, resulting in a price per square foot of $1,251.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $16,150,000
  • Address: 655 Mt Auburn St, Watertown, MA
  • Market: Watertown, MA

Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from The NNN Pro Group - Marcus & Millichap represented the buyer in this transaction. On the other side, Kevin Held from SRS served as the seller's representative.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Watertown 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

0.98%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93