Glen Kunofsky, Josh Kanter, & Anthony D'Ambrosia Acquires Retail Property In Watertown, MA For $16.15M
SOLD
$16,150,000
+ 1
Massachusetts
See Similar DealsRetail12,906 SF
Sold 09/23/2022
SOLD
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
See Similar DealsRetail12,906 SF
Sold 09/23/2022
+ 1
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$1,251
Total Square Footage:12,906 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$861,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$57,377.55
Cash-on-Cash Return-1.27%
Monthly Debt Service$76,559.24
Annual Debt Service$918,710.87
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