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150 Commercial Street

Coldwell Banker Realty - Back Bay Represents Seller In $3.75M Multifamily Sale On Commercial St, Boston
SOLDMultiFamily

Coldwell Banker Realty - Back Bay Represents Seller In $3.75M Multifamily Sale On Commercial St, Boston

150 Commercial Street

$3,750,000

$566/SF

Building Size

6,623 SF

Asset Type

MultiFamily

Closing

Jul 19, 2021

AI

The multifamily property located at 150 Commercial St in Boston, MA was recently sold. The sale took place on 07/19/2021, with a sale price of $3,750,000. The property spans a total of 6,623 square feet, resulting in a price per square foot of $566.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,750,000
  • Date: 07/19/2021
  • Address: 150 Commercial St
  • Market: Boston, MA
  • Seller's Representative: Jonathan Radford - Coldwell Banker Realty - Back Bay
  • Buyer's Representative: Barron & Tiberi - Core Property Group, LLC

The transaction involved several key individuals and companies. The seller was represented by Jonathan Radford from Coldwell Banker Realty - Back Bay, while the buyer was represented by Barron & Tiberi from Core Property Group, LLC.

Players

Giancarlo Tiberi

Core Property Group

Broker

$95.1M

vol

24 deals

Broker

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93