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95 4th St, Chelsea, MA, USA

Maria Malloy Acquires Office Building In Chelsea, MA For $3.8M
SOLDOffice

Maria Malloy Acquires Office Building In Chelsea, MA For $3.8M

95 4th St, Chelsea, MA, USA

$3,800,000

$277/SF

Building Size

13,680 SF

Asset Type

Office

Closing

Aug 15, 2021

AI

The office property located at 95 4th St in Chelsea, MA has been sold. The transaction took place on August 16, 2021. The property consists of 3 units with a total square footage of 13,680. The sale price for the property was $3,800,000, resulting in a price per unit of $1,266,667 and a price per square foot of $278.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: $3,800,000
  • Units: 3
  • Price per Unit: $1,266,667
  • Square Footage: 13,680
  • Price per Square Foot: $278

The buyer of the property is Maria Malloy, while the sellers are Fourth Street Invest Llc and Tsv Woodstock LLC.

Players

Maria Malloy

Buyer

$9.8M

vol

3 deals

Buyer

Medford Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93