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
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