Updated Dec 19, 2023
Dillon Brennan Realty Acquires Multifamily Property In Boston For $1.95M
17 Gray Street, Boston, Massachusetts 02116, United States
$1,950,000
$730/SF
Building Size
2,668 SF
Asset Type
MultiFamily
Closing
May 12, 2022
About this deal
AI
A multifamily property located at 17 Gray St in Boston, MA was recently sold for $1,950,000. The property spans across 2,668 square feet, resulting in a price per square foot of $731.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Address: 17 Gray St, Boston, MA
- Market: Boston, MA
The buyer's representative in this transaction was Dillon Brennan from Dillon Brennan Realty, while the seller's representative was Rene Rodriguez from Cabot & Company.
The multifamily sale at 17 Gray Street, Boston, Massachusetts 02116, United States in Boston, Massachusetts sold for $2M in 2022. The building is 2,668 square feet, implying about 730 per square foot on the published price. Dillon Brennan, Rene Rodriguez, Cabot & Company appear on the sale alongside Cabot & Company. This page is the Boston, Massachusetts file for the 17 Gray Street, Boston, Massachusetts 02116, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Boston sit in the Market section below. Filter that Boston multifamily set by closing date to see what else sold near 17 Gray Street, Boston, Massachusetts 02116, United States around 2022. Published consideration for 17 Gray Street, Boston, Massachusetts 02116, United States is $2M, dated 2022. Cite this Dillon Brennan Realty Acquires Multifamily Property In Boston For $1.95M sale when underwriting similar multifamily product around Boston, Massachusetts.
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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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93