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
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Asset Type
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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
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