Vijay Raman Purchases Multifamily Property On 138 Franklin Street From Roi Ben Itzhak For $1.995M
138 Franklin Street
$1,995,000
$282/SF
Building Size
7,072 SF
Asset Type
MultiFamily
Closing
Jun 11, 2026
AI
The property asset involved in the transaction is located at 138 Franklin Street, Lynn, MA. It is a multifamily asset comprising 8 units with a total square footage of 7,072. The sale price for this transaction is $1,995,000, resulting in a price per unit of $249,375 and a price per square foot of $282.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,995,000
- Number of Units: 8
- Square Footage: 7,072
- Price Per Unit: $249,375
- Price Per Square Foot: $282
- Buyer: Vijay Raman
- Seller: Roi Ben Itzhak
- Brokers: Dan Pouladian & Sara Pouladian - Northshore Realty Advisors
Key individuals in this transaction include the buyer, Vijay Raman, and the seller, Roi Ben Itzhak, both of whom are instrumental in the completion of the deal. The broker representatives for this transaction, Dan Pouladian and Sara Pouladian, are from Northshore Realty Advisors, indicating their role in facilitating the sale.
Players
Lynn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.95%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93