Eric Shabshelowitz & Kevin Benzinger Facilitate $2.97M Multifamily Sale In Boston
13 Anderson St
$2,975,000
$1,207/SF
Building Size
2,463 SF
Asset Type
MultiFamily
Closing
Mar 31, 2023
AI
A multifamily property located at 13 Anderson St in Boston, MA has been sold for $2,975,000. The property spans across 2,463 square feet, translating to a price per square foot of $1,208. Eric Shabshelowitz from Cabot & Company represented the buyer, while Kevin Benzinger from Boston Realty Advisors represented the seller.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,975,000
- Date: 03/31/2023
- Address: 13 Anderson St, Boston, MA
- Square Footage: 2,463
- Price Per Square Foot: $1,208
- Buyer's Representative: Eric Shabshelowitz - Cabot & Company
- Seller's Representative: Kevin Benzinger - Boston Realty Advisors
Eric Shabshelowitz of Cabot & Company assisted the buyer in this transaction, while Kevin Benzinger of Boston Realty Advisors represented the seller. Their expertise and involvement contributed to the successful sale of the multifamily property on Anderson St.
Players
East Ballina 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
5.33%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93