SOLDMultiFamily
Newman Properties And East Boston Management & Development Sell Multifamily Building For $1.44M
116 Brooks Street
$1,440,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 2, 2026
AI
116 Brooks Street is a three-story, six-unit multifamily building located in East Boston, MA, in the Eagle Hill neighborhood. The property was sold for $1,440,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,440,000
- Seller: Newman Properties & East Boston Management & Development
- Broker: John Pentore - Horvath & Tremblay
- Date of Transaction: 01/02/2026
- Address: 116 Brooks Street
- Market: East Boston, MA
John Pentore from Horvath & Tremblay represented the transaction for the sellers, Newman Properties and East Boston Management & Development, in the sale of the property.
Players
East Boston 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
11.02%
Cash-on-Cash
-3.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93