George Dabney Acquires Multifamily Asset From Harris Baseman At 174 Pine Street For $10.5M
174 Pine Street
$10,500,000
$336/SF
Building Size
31,191 SF
Asset Type
MultiFamily
Closing
Jun 3, 2025
AI
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
Holbrook MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93