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Jay Bisognano Purchases Multifamily Property From Marie Johnson In South Boston For $1.175M

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SOLD
$1,175,000

Massachusetts

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MultiFamily3,053 SF
Sold 10/07/2025
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Property Image
SOLD

Jay Bisognano Purchases Multifamily Property From Marie Johnson In South Boston For $1.175M

10 Gates Street

See Similar Deals
MultiFamily3,053 SF
Sold 10/07/2025
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$384
Total Square Footage:3,053 SF
Transaction Type:Sale

The property asset involved in the transaction is a multifamily unit located at 10 Gates Street in South Boston, MA. The sale price for this asset was $1,175,000, comprising 3 units. The total square footage of the property is 3,053, resulting in a price per unit of $391,666 and a price per square foot of $384.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,175,000
  • Units: 3
  • Square Footage: 3,053
  • Price per Unit: $391,666
  • Price per Square Foot: $384
  • Buyer: Jay Bisognano
  • Seller: Marie Johnson
  • Broker: Nicholas Bevilacqua - Horvath & Tremblay

The key individuals involved in this transaction include the buyer Jay Bisognano and seller Marie Johnson, with representation from broker Nicholas Bevilacqua of Horvath & Tremblay, highlighting the collaborative effort in completing this multifamily property sale.

Players

Nicholas (Nick) Bevilacqua
10 deals$16.4M volume(617) 202-4029
BROKER

Jay Bisognano
7 deals$94.7M volume
BUYER

Details

SOLD
IMAGE: Nicholas Bevilacqua DATE: 10/06/2025 ADDRESS: 10 Gates Street MARKET: South Boston, MA ASSET TYPE: Multifamily BUYER: Jay Bisognano SELLER: Marie Johnson BROKER: Nicholas Bevilacqua - Horvath & Tremblay SALE PRICE: $1,175,000 UNITS: 3 ~ PPU: $391,666 SF: 3,053 ~ PPSF: $384

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$62,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,174.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,570.10
Annual Debt Service$66,841.19