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Carlos Xu Of Lexwin Realty Represents Buyer In $2.52M Brookline Multifamily Sale

Property Image
SOLD
$2,520,000

Massachusetts

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MultiFamily3,582 SF
Sold 07/19/2024
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Property Image
SOLD

Carlos Xu Of Lexwin Realty Represents Buyer In $2.52M Brookline Multifamily Sale

119 Browne Street

See Similar Deals
MultiFamily3,582 SF
Sold 07/19/2024
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$703
Total Square Footage:3,582 SF
Transaction Type:Sale

A multifamily property located at 119 Browne Street in Brookline, MA, has been sold for $2,520,000. The property spans a total area of 3,582 square feet, yielding a price per square foot of $704.

Summary of transaction details:

Carlos Xu of Lexwin Realty represented the buyer in this transaction, while Carleton Ashley of Compass acted as the representative for the seller, facilitating the successful sale of the property.

Players

4 deals$6.3M volume
BROKER

Details

SOLD
IMAGE: Carlos Xu & Carleton Ashley DATE: 07/19/2024 ADDRESS: 119 Browne Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Carlos Xu - Lexwin Realty SELLER'S REP: Carleton Ashley - Compass (@Compass) SALE PRICE: $2,520,000 SF: 3,582 ~ PPSF: $704 NOTE: A multifamily property at 119 Browne Street in Brookline sold for $2.52 million. Carlos Xu of Lexwin Realty represented the buyer, while Carleton Ashley of Compass represented the seller.

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,953.03
Cash-on-Cash Return-1.27%
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