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George Dabney Acquires Multifamily Asset From Harris Baseman At 174 Pine Street For $10.5M

Property Image
SOLD
$10,500,000
Dennis Kelleher
John Pentore
+ 1

Massachusetts

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MultiFamily31,191 SF
Sold 06/04/2025
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Property Image
SOLD

George Dabney Acquires Multifamily Asset From Harris Baseman At 174 Pine Street For $10.5M

174 Pine Street

See Similar Deals
MultiFamily31,191 SF
Sold 06/04/2025
Dennis Kelleher
John Pentore
+ 1
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$336
Total Square Footage:31,191 SF
Transaction Type:Sale

The property involved in the transaction is a multifamily asset located at 174 Pine Street in Holbrook, MA. The sale price was $10,500,000, encompassing 36 units across a total square footage of 31,191, resulting in a price per unit of $291,666 and a price per square foot of $336.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,500,000
  • Address: 174 Pine Street
  • Market: Holbrook, MA
  • Units: 36
  • Square Footage: 31,191
  • Price Per Unit: $291,666
  • Price Per Square Foot: $336
  • Buyer: George Dabney
  • Seller: Harris Baseman
  • Brokers: Dennis Kelleher, John Pentore & Jason Kulik - Horvath & Tremblay

The transaction was facilitated by brokers Dennis Kelleher, John Pentore, and Jason Kulik, representing the parties in the deal. Their involvement contributed to the closing of this multifamily property transaction on 6/4/2025.

Players

Dennis Kelleher
93 deals$541.1M volume
BROKER

John Pentore
Horvath & Tremblay
97 deals$560.2M volume
BROKER

Jason Kulik
Horvath & Tremblay
11 deals$30.9M volume
BROKER

Horvath & Tremblay
BROKERAGE

Details

SOLD
IMAGE: Dennis Kelleher, John Pentore & Jason Kulik DATE: 6/4/2025 ADDRESS: 174 Pine Street MARKET: Holbrook, MA ASSET TYPE: Multifamily BUYER: George Dabney SELLER: Harris Baseman BROKERS: Dennis Kelleher, John Pentore (@Juconn) & Jason Kulik - Horvath & Tremblay SALE PRICE: $10,500,000 UNITS: 36 ~ PPU: $291,666 SF: 31,191 ~ PPSF: $336

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$37,304.29
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