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15 Henchman Street

Gerald Esposito Sells Multifamily Property At 15 Henchman Street Boston For $1.81M
SOLDMultiFamily

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

Matthew Petty

FRAME Residential

Broker

$20.7M

vol

11 deals

Broker
FRAME Residential
FRAME Residential Brokerage

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