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DND Homes Purchases Multifamily Assets From Anthony Spears For $8.8 Million In Cambridge MA

Property Image
SOLD
$8,800,000
Lance Greene
YY

Massachusetts

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MultiFamily14,719 SF
Sold 02/06/2026
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Property Image
SOLD

DND Homes Purchases Multifamily Assets From Anthony Spears For $8.8 Million In Cambridge MA

122 Western Avenue, 124 Western Avenue & 132 Western Avenue

See Similar Deals
MultiFamily14,719 SF
Sold 02/06/2026
Lance Greene
YY
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$597
Total Square Footage:14,719 SF
Transaction Type:Sale

The transaction involves a multifamily asset located at 122 Western Avenue, 124 Western Avenue & 132 Western Avenue in Cambridge, MA. The sale price for the three contiguous sites was $8,800,000, with a total square footage of 14,719, translating to a price per square foot of $598.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,800,000
  • Address: 122 Western Avenue, 124 Western Avenue & 132 Western Avenue
  • Market: Cambridge, MA
  • SF: 14,719
  • PPSF: $598
  • Buyer: DND Homes
  • Seller: Anthony Spears
  • Seller's REP: Lance Greene - Compass
  • Broker: Yassien Youssef - Compass

This transaction celebrates DND Homes' significant achievement of assembling three sites to create 120 new units, aligning with Cambridge's newly adopted zoning regulations. The effort involved overcoming various historic considerations and collaborating closely with city officials.

Players

Lance Greene
Compass
Lance Greene
3 deals$11.7M volume
BROKER
YY
Compass
Yassien Youssef
4 deals$34.7M volume(617) 901-3377
BROKER

Details

SOLD
IMAGE: Lance Greene & Yassien Youssef DATE: 2/6/2026 ADDRESS: 122 Western Avenue, 124 Western Avenue & 132 Western Avenue MARKET: Cambridge, MA ASSET TYPE: Multifamily BUYER: DND Homes SELLER: Anthony Spears SELLER'S REP: Lance Greene (@DandgCompassCambridgeBoston) - Compass BROKER: Yassien Youssef (@Yassien__Youssef) - Compass (@Compass) SALE PRICE: $8,800,000 SF: 14,719 ~ PPSF: $598 NOTE FROM BROKER: Proud moment for DND Homes. Assembling three contiguous sites to deliver 120 new units under Cambridge’s new zoning. An incredible feat of coordination navigating historic considerations, clearing major hurdles, and working closely with the City of Cambridge to get this done. Real progress and much needed housing coming to the city.

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