Updated Sep 9, 2024
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
About this deal
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.
On the Map
$32,855,000
$418/SF
Retail
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Players
Boston 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93