Barkley Development LLC Acquires Condo In Boston, MA For $4.6M
2 Avery St, Ph3 C
$4,585,000
$983/SF
Building Size
4,663 SF
Asset Type
Condo
Closing
Nov 1, 2022
AI
This top-floor penthouse condo located at 2 Avery St, PH3C in Boston, MA was recently sold in a transaction facilitated by Kirsten McEleney of Advisors Living. The sale took place on 11/01/2022 with a purchase price of $4,585,000. The condo spans across 4,663 square feet and was sold to Barkley Development LLC by the seller, 70 Hundred Corp.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,585,000
- Square Footage: 4,663
- Price Per Square Foot: $983
- Address: 2 Avery St, PH3C, Boston, MA
- Market: Boston, MA
In addition to the buyer and seller, the transaction involved several key individuals and companies. Michael Welsh of WM Development provided consulting services for the deal, while Kirsten McEleney represented the buyer as a broker. Kirsten McEleney expressed excitement for the future of the penthouse, stating that it will be completely renovated and become one of the most amazing residences in the city.
For more information on selling your property or to request a listing proposal, you can contact Kirsten McEleney via email at [email protected] or by text at 781-307-8843.
South Grafton Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.46%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93