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137 Falcon Street, Boston, ...

Aybarus Ulus Acquires 4-Unit Multifamily Property In Boston For $910K
SOLDMultiFamily

Aybarus Ulus Acquires 4-Unit Multifamily Property In Boston For $910K

137 Falcon Street, Boston, Massachusetts 02128, United States

$910,000

$171/SF

Building Size

5,319 SF

Asset Type

MultiFamily

Closing

Apr 11, 2022

AI

A multifamily property located at 137 Falcon St in Boston, MA has been sold. The property consists of 4 units with a total square footage of 5,319. The sale price for the property was $910,000, resulting in a price per unit of $227,500 and a price per square foot of $171. The transaction took place on April 12, 2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $910,000
  • Number of Units: 4
  • Price per Unit: $227,500
  • Square Footage: 5,319
  • Price per Square Foot: $171

The buyer of the property is Aybarus Ulus. The seller is Vitaly Fedosik, and the broker involved in the transaction is Vlad Sirotin from MIR Realty. According to a note provided by @Vitaly_617, the property is an approved 4-unit project with 3 off-street parking spots.

Players

Vlad Sirotin

Broker

$3.8M

vol

3 deals

Broker

Vitaly Fedosik

Seller

$4.8M

vol

4 deals

Seller

Boston 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

17.43%

Cash-on-Cash

-4.98%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93