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2 Avery St, Ph3 C

Barkley Development LLC Acquires Condo In Boston, MA For $4.6M
SOLDCondo

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.

Players

Kirsten McEleney

K&M Real Estate Group

Broker

$12.3M

vol

6 deals

Broker

South Grafton Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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