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:
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Units: 3
- Square Footage: 2,568
- Price per Unit: $650,000
- Price per Square Foot: $759
- Buyer's Representative: Miroslava Fitkova - Fitkova Realty Group
- Seller's Representative: David Dobrowolski - Block Realty
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
Brookline MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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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