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

Property Image
SOLD
$1,950,000

Massachusetts

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MultiFamily2,568 SF
Sold 07/05/2024
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Property Image
SOLD

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

116 Brook Street

See Similar Deals
MultiFamily2,568 SF
Sold 07/05/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$759
Total Square Footage:2,568 SF
Transaction Type:Sale

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
2 deals$3M volume(617) 921-9952
BROKER

David (Dave) Dobrowolski
Block Realty
8 deals$21.8M volume(857) 212-6161
BROKER

Details

SOLD
IMAGE: Miroslava Fitkova & David Dobrowolski DATE: 07/05/2024 ADDRESS: 116 Brook Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Miroslava Fitkova (@MirkaF1) - Fitkova Realty Group SELLER'S REP: David Dobrowolski (@Dave.Dobro) - Block Realty (@BlockRealtyBoston) SALE PRICE: $1,950,000 UNITS: 3 ~ PPU: $650,000 SF: 2,568 ~ PPSF: $759 NOTE: 116 Brook St in Brookline, MA sold for $1,950,000. This meticulously maintained brick three-family property in Brookline Village, fully leased through 8/31/2025, features spacious, sunlit units with hardwood floors and exposed brick, and offers off-street parking and private storage for each unit.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$103,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94