Updated Dec 4, 2024
Tsung-megason Group And Debby Cohen Facilitate $2.4M Multifamily Sale In Brookline
1485 Beacon Street
$2,400,000
$480/SF
Building Size
4,998 SF
Asset Type
MultiFamily
Closing
Mar 15, 2024
About this deal
AI
A multifamily property at 1485 Beacon Street in Brookline, MA, was sold for $2,400,000. The property spans 4,998 square feet with a price per square foot of $480.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Address: 1485 Beacon Street
- Market: Brookline, MA
- Buyer's Representative: Tsung-megason Group - Compass
- Seller's Representative: Debby Cohen - Advisors Living
The Tsung-megason Group from Compass represented the buyer in the transaction, whereas Debby Cohen of Advisors Living represented the seller.
The multifamily sale at 1485 Beacon Street in Brookline, Massachusetts sold for $2.4M in 2024. The building is 4,998 square feet, implying about 480 per square foot on the published price. Debby Cohen, Advisors Living appear on the sale alongside Advisors Living. This page is the Brookline, Massachusetts file for the 1485 Beacon Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Brookline sit in the Market section below. Filter that Brookline multifamily set by closing date to see what else sold near 1485 Beacon Street around 2024. Published consideration for 1485 Beacon Street is $2.4M, dated 2024. Cite this Tsung-megason Group And Debby Cohen Facilitate $2.4M Multifamily Sale In Brookline sale when underwriting similar multifamily product around Brookline, Massachusetts.
Players
Brookline 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93