Updated Dec 21, 2023
Rob Tosner Acquires Provincetown Multifamily For $2.6M
119 Commercial Street, Provincetown, Massachusetts 02657, United States
$2,599,000
$1,328/SF
Building Size
1,956 SF
Asset Type
MultiFamily
Closing
Sep 14, 2022
About this deal
AI
A multifamily property located at 119 Commercial St in Provincetown, MA has been sold for $2,599,000. The property spans 1,956 square feet, with a price per square foot of $1,329.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,599,000
- Address: 119 Commercial St, Provincetown, MA
- Market: Provincetown, MA
The buyer's representative in this transaction was Rob Tosner from William Raveis Real Estate - Provincetown, while the seller's representative was Iskren Georgiev from Gibson Sotheby's International Realty.
The multifamily sale at 119 Commercial Street, Provincetown, Massachusetts 02657, United States in Provincetown, Massachusetts sold for $2.6M in 2022. The building is 1,956 square feet, implying about 1.3K per square foot on the published price. Rob Tosner, Iskren Georgiev, William Raveis Real Estate, Sotheby's International Realty appear on the sale alongside William Raveis Real Estate, Sotheby's International Realty. This page is the Provincetown, Massachusetts file for the 119 Commercial Street, Provincetown, Massachusetts 02657, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Provincetown sit in the Market section below. Filter that Provincetown multifamily set by closing date to see what else sold near 119 Commercial Street, Provincetown, Massachusetts 02657, United States around 2022. Published consideration for 119 Commercial Street, Provincetown, Massachusetts 02657, United States is $2.6M, dated 2022. Cite this Rob Tosner Acquires Provincetown Multifamily For $2.6M sale when underwriting similar multifamily product around Provincetown, Massachusetts.
Players
Provincetown 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
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93