Updated Dec 4, 2024
Carlos Xu Of Lexwin Realty Represents Buyer In $2.52M Brookline Multifamily Sale
119 Browne Street
$2,520,000
$703/SF
Building Size
3,582 SF
Asset Type
MultiFamily
Closing
Jul 19, 2024
About this deal
AI
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:
- Property Type: Multifamily
- Transaction Amount: $2,520,000
- Sale Date: 07/19/2024
- Buyer's Representative: Carlos Xu - Lexwin Realty
- Seller's Representative: Carleton Ashley - Compass
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.
On the Map
$2,520,000
$703/SF
MultiFamily
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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
6.29%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93