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471 Liberty Street

Schiavo Enterprises Acquires Retail Spaces At 471 Liberty Street And 80 Market Street For $7.72M
SOLDRetail

Schiavo Enterprises Acquires Retail Spaces At 471 Liberty Street And 80 Market Street For $7.72M

471 Liberty Street & 80 Market Street

$7,718,000

$14/SF

Building Size

542,757 SF

Asset Type

Retail

Closing

Sep 30, 2024

AI

The asset involved in the transaction is a retail property located at 471 Liberty Street & 80 Market Street in Hanson & Rockland, MA, with a sale price of $7,718,000.

Summary of transaction details:

Mark Tedeschi and Andrew Tuccio represented the buyer, Schiavo Enterprises, in this transaction. This transaction reflects the collaboration between the buyer and their brokers to secure the retail property in the specified market.

Players

Mark Tedeschi

Ellis Realty Advisors

Broker

$7.7M

vol

1 deal

Broker

Hanson 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

2.06%

Cash-on-Cash

-0.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93