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21 Crowninshield Road, Broo...

Robbin Johnson, Kris Johnson, And Pin-Jou Wu Acquire Condo In Brookline, MA For $4.35M
SOLD

Robbin Johnson, Kris Johnson, And Pin-Jou Wu Acquire Condo In Brookline, MA For $4.35M

21 Crowninshield Road, Brookline, Massachusetts 02446, United States

$4,350,000

Building Size

Asset Type

Closing

Jun 27, 2022

AI

A new construction 8 townhome development in Brookline, MA is set to close next week with 50% of the units already sold. The property, located at 21 Crowninshield Rd Unit 21 & 9, is a condo. The sale was finalized on June 28, 2022, with a sale price of $4,350,000.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $4,350,000
  • Address: 21 Crowninshield Rd Unit 21 & 9
  • Market: Brookline, MA

The buyers in this transaction were Robbin Johnson, Kris Johnson, and Pin-Jou Wu. They purchased the property from 21 Crown LLC. The deal was facilitated by multiple brokers, including Scott Accorsini from Boston Realty Advisors, Bill Gehan and Laura Hughes from Campion & Company Fine Homes Real Estate, and Amelie Cheng.

Note from broker: New construction 8 townhome development in Brookline that will be 50% sold next week when we close.

Players

Bill Gehan

Campion and Company Fine Homes Real Estate

Broker

$18.4M

vol

4 deals

Broker

Brookline CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.65%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93