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14-18 Fabyan Street, Boston...

Updated Dec 20, 2023

Boston Commercial Realty Acquires Multifamily Property On Fabyan Street For $1.13M
SOLDMultiFamily

Boston Commercial Realty Acquires Multifamily Property On Fabyan Street For $1.13M

14-18 Fabyan Street, Boston, MA, USA

$1,130,000

$278/SF

Building Size

4,062 SF

Asset Type

MultiFamily

Closing

Mar 10, 2021

About this deal

AI

The multifamily property located at 14-18 Fabyan Street in Boston, MA has been sold for $1,130,000. The property spans 4,062 square feet, resulting in a price per square foot of $278.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $1,130,000
  • Square Footage: 4,062

The seller's representative in this transaction was Francis Santaniello from Weichert REALTORS® Blueprint Brokers. Laurence Tamkin from Boston Commercial Realty represented the buyer.

The multifamily sale at 14-18 Fabyan Street, Boston, MA, USA in Boston, Massachusetts sold for $1.1M in 2021. The building is 4,062 square feet, implying about 278 per square foot on the published price. Francis Santaniello, Laurence Tamkin, Weichert Realtors appear on the sale alongside Weichert Realtors. This page is the Boston, Massachusetts file for the 14-18 Fabyan Street, Boston, MA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 14-18 Fabyan Street, Boston, MA, USA around 2021. Published consideration for 14-18 Fabyan Street, Boston, MA, USA is $1.1M, dated 2021. Cite this Boston Commercial Realty Acquires Multifamily Property On Fabyan Street For $1.13M sale when underwriting similar multifamily product around Boston, Massachusetts.

Players

Laurence Tamkin

Broker

$14.7M

vol

8 deals

Broker

Boston MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $278 per square foot on a published $1.1M for 4,062 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

14.04%

Cash-on-Cash

-4.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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