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116 Brook Street

Miroslava Fitkova Of Fitkova Realty Group Represents Buyer In $1.95M Brookline Multifamily Sale
SOLDMultiFamily

Miroslava Fitkova Of Fitkova Realty Group Represents Buyer In $1.95M Brookline Multifamily Sale

116 Brook Street

$1,950,000

$759/SF

Building Size

2,568 SF

Asset Type

MultiFamily

Closing

Jul 5, 2024

AI

The property located at 116 Brook Street in Brookline, MA, has been sold for $1,950,000. This multifamily asset contains three fully leased units, with a total square footage of 2,568. The price per unit is $650,000 and the price per square foot is $759. The property features hardwood floors, exposed brick, off-street parking, and private storage for each unit.

Summary of transaction details:

The deal involved Miroslava Fitkova representing the buyer and David Dobrowolski serving as the representative for the seller. The transaction highlights the collaboration between these real estate professionals in facilitating the sale of the property.

Players

Miroslava Fitkova

Fitkova Realty Group

Broker

$3M

vol

2 deals

Broker

Brookline MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93