Gerald Esposito Sells Multifamily Property At 15 Henchman Street Boston For $1.81M
15 Henchman Street
$1,810,000
$548/SF
Building Size
3,300 SF
Asset Type
MultiFamily
Closing
Aug 4, 2025
AI
The property asset involved in this transaction is a multifamily building located at 15 Henchman Street in Boston, MA. The transaction was completed with a sale price of $1,810,000, reflecting a price per unit of $603,333 for its three units. The total square footage of the property is 3,300, resulting in a price per square foot of $548.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,810,000
- Units: 3
- Square Footage: 3,300
- Price Per Unit: $603,333
- Price Per Square Foot: $548
- Seller: Gerald Esposito
- Broker: Matthew Petty - FRAME Residential
- Date of Transaction: 8/5/2025
Matthew Petty from FRAME Residential represented the broker side in this transaction, facilitating the sale on behalf of the seller, Gerald Esposito. The completion date signifies the formal transfer of ownership of the property to the new buyers.
Players
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
8.76%
Cash-on-Cash
-2.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93