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121 Prospect Street
SOLD

Kinvarra Capital Acquires Development Site In Somerville, MA For $3.47M

121 Prospect Street

Development Site
10,063 SF
clock iconSold 1 year ago
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Summary

Sale
MASSACHUSETTS
Development Site
10,063 sqft

121 Prospect St in Somerville, MA has been sold in a recent transaction. The development site was purchased by Kinvarra Capital from Prospect - Houghton Realty Trust. The deal was facilitated by Daniel Dewing of Boston Realty Advisors.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $3,470,000
  • Address: 121 Prospect St, Somerville, MA
  • Market: Somerville, MA
  • SF: 10,063
  • PPSF: $345
  • BSF: 29,000
  • PPBSF: $120

Daniel Dewing of Boston Realty Advisors played a key role as the broker representing both parties in the transaction. This deal highlights the active real estate market in Somerville, MA, with Kinvarra Capital securing a valuable development site for $3,470,000.

Players

  • All

    2

  • Agents

    1

  • Agencies

    1

Daniel Dewing's profile picture
Daniel Dewing
Boston Realty Advisors-image
Associate
$15.8M Sold

Details

Deal Summary
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SOLD
IMAGE: Daniel Dewing DATE: 04/12/2022 ADDRESS: 121 Prospect St MARKET: Somerville, MA ASSET TYPE: Development Site BUYER: Kinvarra Capital SELLER: Prospect - Houghton Realty Trust BROKER: Daniel Dewing - Boston Realty Advisors SALE PRICE: $3,470,000 BSF: 29,000 ~ PPBSF: $120 SF: 10,063 ~ PPSF: $345

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Address121 Prospect Street

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