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823 E SIXTH ST
BOSTON, MA 02127
Asking Price
$1.33M
Cap Rate
8.5%
Asset Type
Restaurant Retail
Class
Class B
What's Special
Rare NNN Restaurant Retail Condo in South Boston <p>Newmark is pleased to present the opportunity to acquire the fee simple interest in this 4,781 SF restaurant condominium unit in South Boston occupied and operated by a local restaurant operator on a triple-net basis that includes its responsibility for real estate taxes, its proportionate share of condominium insurance, utilities, and interior maintenance, providing a buyer with a low-management, passive income stream.</p>
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NOI
$80,000
Cap Rate
6.02%
DSCR
1.01
Tight
Cash-on-Cash
0.28%
Monthly Payment
$6,574.41
Annual Cash Flow
$1,107.081
