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1089 Blue Hill Avenue, Dorc...

Updated Dec 21, 2023

Compass Acquires Multifamily Property On Blue Hill Avenue For $1.05M
SOLDMultiFamily

Compass Acquires Multifamily Property On Blue Hill Avenue For $1.05M

1089 Blue Hill Avenue, Dorchester, Massachusetts 02124, United States

$1,050,000

$210/SF

Building Size

4,988 SF

Asset Type

MultiFamily

Closing

Mar 30, 2022

About this deal

AI

Located at 1089 Blue Hill Avenue in Boston, MA, this multifamily property was recently sold in a closed transaction. The property consists of 3 units, with a total square footage of 4,988. The sale price for this transaction was $1,050,000, resulting in a price per unit of $350,000, and a price per square foot of $211.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,050,000
  • Address: 1089 Blue Hill Avenue, Boston, MA
  • Number of Units: 3
  • Price per Unit: $350,000
  • Total Square Footage: 4,988 square feet
  • Price per Square Foot: $211
  • Buyer's Representative: Alexander Koziakov - Compass
  • Seller's Representative: Joseph Murray - JMM Residential

The buyer's representative for this transaction was Alexander Koziakov from Compass, while Joseph Murray from JMM Residential served as the seller's representative. For more information or inquiries about this property, you can reach out to Alexander Koziakov at 617-755-4484 or via email at [email protected].

On the Map

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$1,050,000

$210/SF

MultiFamily

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Players

Alexander Koziakov

Compass

Broker

$21.5M

vol

7 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $210 per square foot on a published $1.1M for 4,988 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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