Yoron Levy Acquires Multifamily Property In Melrose District For $3M

The multifamily property located at 819-21 Ogden Ave. & 823-25 Ogden Ave. in the Melrose District has been sold. The transaction took place on 03/08/2021. The property consists of 4 units with a total square footage of 2,388. The sale price was $3,000,000, resulting in a price per unit of $750,000. The price per square foot is $230, and the capitalization rate is 0.5%. The buyer of the property is Yoron Levy, and the seller is Mark Algazy. The property was listed by K. Becky Eriksson & Laura Alice Scaturro from an undisclosed agency.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,000,000
• Buyer: Yoron Levy
• Seller: Mark Algazy
• Brokers: K. Becky Eriksson & Laura Alice Scaturro

The sale of this multifamily property in the Melrose District involved key individuals such as Yoron Levy, who acted as the buyer, and Mark Algazy, who served as the seller. The transaction was facilitated by brokers K. Becky Eriksson & Laura Alice Scaturro. This sale provides valuable insights into the current real estate market in the Melrose District and showcases the expertise of the brokers involved.