Atlantic Capital Partners Acquires Retail Property On River St, Boston For $32.9M
892 River Street, Boston, Massachusetts 02136, United States
$32,855,000
$418/SF
Building Size
78,484 SF
Asset Type
Retail
Closing
Jun 23, 2022
AI
The retail property located at 892 River St in Boston, MA has been sold for a total price of $32,855,000. The property spans a total area of 78,484 square feet, resulting in a price per square foot of $419.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $32,855,000
- Address: 892 River St, Boston, MA
- Market: Boston, MA
- Asset Type: Retail
The sale was facilitated by the brokers Justin Smith, Chris Peterson, Sam Koonce, Cole Van Gelder, and Ben Starr from Atlantic Capital Partners.
Players
Boston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93