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Moshe Silber Acquires Multifamily Property From Prem Singh In Brighton For $1.44M

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SOLD
$1,440,000

Massachusetts

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MultiFamily4,300 SF
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Property Image
SOLD

Moshe Silber Acquires Multifamily Property From Prem Singh In Brighton For $1.44M

16 Leicester Street

See Similar Deals
MultiFamily4,300 SF
Sold
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$334
Total Square Footage:4,300 SF
Transaction Type:Sale

The transaction involves a multifamily asset located at 16 Leicester Street in Brighton, MA. The sale price for the property was $1,440,000, and it comprises 2 units. The total square footage of the asset is 4,300 with a price per square foot of $334, and the price per unit is $720,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,440,000
  • Units: 2
  • Square Feet: 4,300
  • Price Per Unit: $720,000
  • Price Per Square Foot: $334
  • Buyer: Moshe Silber
  • Seller: Prem Singh
  • Broker: Jackson Wells - Harvard Real Estate

The deal features Moshe Silber as the buyer and Prem Singh as the seller, facilitating the transfer through Jackson Wells, representing Harvard Real Estate in the transaction.

Players

Jackson Wells
24 deals$30.4M volume
BROKER

Details

SOLD
IMAGE: Jackson Wells DATE: 04/10/2025 ADDRESS: 16 Leicester Street MARKET: Brighton, MA ASSET TYPE: Multifamily BUYER: Moshe Silber SELLER: Prem Singh BROKER: Jackson Wells (@WacoWells) - Harvard Real Estate (@Harvard.Real.Estate) SALE PRICE: $1,440,000 UNITS: 2 ~ PPU: $720,000 SF: 4,300 ~ PPSF: $334

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

$76,800.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,116.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,826.33
Annual Debt Service$81,916.02