K & K Development Sells Multifamily Asset In Boston For $11.5 Million With Brokers Michael Kuritnik Boris Kuritnik Oleg Elisev

The property involved in this transaction consists of multiple multifamily units located at 104 Winthrop Street, 8 Elizabeth Street, and 4 Summer Street in Boston, MA. The sale price was $11,500,000, encompassing a total of 30 units with a price per unit of $383,333. The total square footage of the asset is 50,025, with a price per square foot of $229.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,500,000
• Units: 30
• Price per Unit: $383,333
• Square Footage: 50,025
• Price per Square Foot: $229
• Seller: K & K Development
• Brokers: Michael Kuritnik & Boris Kuritnik - Kumo Capital & Oleg Elisev - Greenville Real Estate Group

The deal was facilitated by brokers Michael Kuritnik and Boris Kuritnik from Kumo Capital, alongside Oleg Elisev from Greenville Real Estate Group. Kumo Capital emphasizes their expertise in real estate investment, detailing their involvement in asset management, syndication, and institutional capital, as well as their commitment to a forward-thinking approach in the industry.