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408-410 Western Avenue, Bri...

Juice Capital Acquires Multifamily Development Site In Allston-Brighton For $1.35M
SOLDDevelopment Site

Juice Capital Acquires Multifamily Development Site In Allston-Brighton For $1.35M

408-410 Western Avenue, Brighton, Ma, 02135

$1,350,000

$425/SF

Building Size

3,176 SF

Asset Type

Development Site

Closing

Jun 16, 2026

AI

This multifamily and development site, located at 408-410 Western Avenue in Allston-Brighton, MA, was sold for $1,350,000. The property encompasses a total square footage of 3,176, resulting in a price per square foot of $425.

Summary of transaction details:

This transaction involved Juice Capital as the buyer, represented by Evan Lank. The seller, DND Homes, was involved in the deal facilitated by broker Nelson Otuechere from NCO Realty Group.

Players

Nelson Otuechere

NCO Realty Group

Broker

$23.5M

vol

15 deals

Broker
Evan Lank

Evan Lank

Buyer

$7.4M

vol

2 deals

Buyer

Brighton Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93