Frank Cucchira Sells Industrial Property At 85 Oak Street In Norwood For $2.9M With Brokers Crystal Burns And Sam Boyarsky
85 Oak Street
$2,900,000
$252/SF
Building Size
11,500 SF
Asset Type
Industrial
Closing
Aug 19, 2025
AI
The transaction involves an industrial asset located at 85 Oak Street in the Norwood market. The property was sold for $2,900,000 and encompasses a total area of 11,500 square feet, translating to a price per square foot of $252.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Sale Date: 08/20/2025
- Seller: Frank Cucchira
- Buyer's Representative: Crystal Burns - Sotheby's International Realty
- Seller's Representative: Sam Boyarsky - LB Commercial Realty
The deal was facilitated with Frank Cucchira as the seller and representatives from two well-known real estate agencies. Crystal Burns, representing the buyer, and Sam Boyarsky, representing the seller, played pivotal roles in the transaction, ensuring the terms were effectively negotiated between the involved parties.
Players
Norwood Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93