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765 Broadway, Revere, Massa...

Updated Dec 21, 2023

Revere Retail Property Sold For $1.2M By Buyer Youssef E. Abourjaili And Seller Jamie Russo
SOLDRetail

Revere Retail Property Sold For $1.2M By Buyer Youssef E. Abourjaili And Seller Jamie Russo

765 Broadway, Revere, Massachusetts, USA

$1,200,000

$563/SF

Building Size

2,130 SF

Asset Type

Retail

Closing

Mar 18, 2021

About this deal

AI

The retail property located at 765 Broadway in Revere, MA has been sold in a transaction. The property spans 2,130 square feet and was sold for a price of $1,200,000, resulting in a price per square foot of $563.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $1,200,000
  • Square Footage: 2,130
  • Address: 765 Broadway, Revere, MA
  • Market: Revere, MA

The seller of the property is Jamie Russo, while the buyer is Youssef E. Abourjaili.

The retail sale at 765 Broadway, Revere, Massachusetts, USA in Revere, Massachusetts sold for $1.2M in 2021. The building is 2,130 square feet, implying about 563 per square foot on the published price. Named participants on the 765 Broadway, Revere, Massachusetts, USA sale are Jamie Russo. This page is the Revere, Massachusetts file for the 765 Broadway, Revere, Massachusetts, USA retail sold: pricing, party profiles, and other closed retail comps from the same Revere sit in the Market section below. Filter that Revere retail set by closing date to see what else sold near 765 Broadway, Revere, Massachusetts, USA around 2021. Published consideration for 765 Broadway, Revere, Massachusetts, USA is $1.2M, dated 2021. Cite this Revere Retail Property Sold For $1.2M By Buyer Youssef E. Abourjaili And Seller Jamie Russo sale when underwriting similar retail product around Revere, Massachusetts.

Players

Jamie Russo

Seller

$3.9M

vol

3 deals

Seller

Revere Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $563 per square foot on a published $1.2M for 2,130 square feet (2021).

Visit Jamie Russo to view all their deals.

Browse Massachusetts retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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