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Tsung-megason Group And Debby Cohen Facilitate $2.4M Multifamily Sale In Brookline

Property Image
SOLD
$2,400,000

Massachusetts

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MultiFamily4,998 SF
Sold 03/15/2024
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Property Image
SOLD

Tsung-megason Group And Debby Cohen Facilitate $2.4M Multifamily Sale In Brookline

1485 Beacon Street

See Similar Deals
MultiFamily4,998 SF
Sold 03/15/2024
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$480
Total Square Footage:4,998 SF
Transaction Type:Sale

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.

Players

Debby Cohen
Advisors Living
Debby Cohen
1 deal$2.4M volume(617) 466-3546
BROKER

Details

SOLD
IMAGE: Debby Cohen DATE: 03/15/2024 ADDRESS: 1485 Beacon Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER'S REP: Tsung-megason Group - Compass SELLER'S REP: Debby Cohen - Advisors Living (@AdvisorsLiving) SALE PRICE: $2,400,000 SF: 4,998 ~ PPSF: $480 NOTE: A multifamily property at 1485 Beacon Street in Brookline, MA, was sold for $2,400,000. The Tsung-megason Group of Compass represented the buyer, while Debby Cohen of Advisors Living represented the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$127,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,526.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,377.22
Annual Debt Service$136,526.69