Jessica Jiang Of Coral Real Estate Group Represents Buyer In Cambridge Multifamily Sale For $2.425M

The property asset involved in this transaction is a multifamily building located at 1092-1098 Cambridge Street, Cambridge, MA. This property sold for $2,425,000 and consists of 4 units within a total square footage of 4,990. The price per unit amounts to $606,250, with a price per square foot of $486. The asset features a mixed-use layout, including two retail spaces on the ground level and two fully renovated residential units above.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,425,000
• Units: 4
• Square Footage: 4,990
• Price Per Unit: $606,250
• Price Per Square Foot: $486
• Buyer's Representative: Jessica Jiang - Coral Real Estate Group
• Seller's Representative: Manuel Afonso - Ribeiro - Desousa Associate

This transaction involved key representatives from the real estate sectors, with Jessica Jiang representing the buyer through Coral Real Estate Group, while Manuel Afonso from Ribeiro - Desousa Associate represented the seller. Their involvement facilitated the transfer of the multifamily asset in the Cambridge market.