Schiavo Enterprises Acquires Retail Spaces At 471 Liberty Street And 80 Market Street For $7.72M
SOLD
$7,718,000
Massachusetts
See Similar DealsRetail542,757 SF
Sold 09/30/2024
SOLD
Schiavo Enterprises Acquires Retail Spaces At 471 Liberty Street And 80 Market Street For $7.72M
471 Liberty Street & 80 Market Street
See Similar DealsRetail542,757 SF
Sold 09/30/2024
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$14
Total Square Footage:542,757 SF
Transaction Type:Sale
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:
- Property Type: Retail
- Transaction Amount: $7,718,000
- Buyer: Schiavo Enterprises
- Brokers: Mark Tedeschi & Andrew Tuccio - Ellis Realty Advisors
- Date of Transaction: 09/30/2024
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$411,626.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,420.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,587.26
Annual Debt Service$439,047.09
Is there something missing? Send suggestions